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Q. Pretentious the problem can be found also corrected, illustrate what impact do you think this would have on the capability of the process?

Q. Jim's department at a local department store has tracked the sales of a product over the last ten weeks. Forecast demand utilizing exponential smoothing with an alpha of 0.4 also an initial forecast of 28.0. Compute MAD also the tracking signal. Illustrate what do you recommend?

Period: 1 2 3 4 5 6 7 8 9 10
Demand: 24 23 26 36 26 30 32 26 25 28

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9312783

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