Find the MAD and Tracking signal in below table.Do you think this forecast is acceptable? Why?How many units this company shall keep as the safety stocks ifservice level is 90%?Period Actual Demand Forecast2202002300310340034043403505280300250270

Given information- Period Actual demand Forecast 1 220 200 2 300 310 3 400 340 4 340 350…

Answered: Find the MAD and Tracking signal in…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Find the MAD and Tracking signal in below table. Do you think this forecast is acceptable? Why? How many units this company shall keep as the safety stocks if service level is 90%? Period Actual Demand Forecast 220 200 2 300 310 3 400 340 4. 340 350 280 300 6. 250 270