Forecasting Problem for Tracking Signals
October 4th, 2022
The tracking signals computed using past demand history for three different products are as follows. Each product used the same forecasting technique.
TS1 TS2 TS3
1 -2.70 1.54 0.10
2 -2.32 -0.64 0.43
3 -1.70 2.05 1.08
4 -1.1 2.58 1.74
5 -0.87 -0.95 1.94
6 -0.05 -1.23 2.24
7 0.10 0.75 2.96
8 0.40 -1.59 3.02
9 1.50 0.47 3.54
10 2.20 2.74 3.75
Discuss the tracking signals for each and what the implications are.
(USE EXCEL)