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Manual Computer-Based Homework Assignment Tracking Signals Turner Industries Due on, or before February 19th.

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Presentation on theme: "Manual Computer-Based Homework Assignment Tracking Signals Turner Industries Due on, or before February 19th."— Presentation transcript:

1 Manual Computer-Based Homework Assignment Tracking Signals Turner Industries Due on, or before February 19th

2 Turner Industries Tracking Signal Problem Quarter1 st Year2 nd Year3 rd Year 1108116123 2125134142 3150159168 4141152165 Quarterly sales figures, in millions, for Turner Industries are shown below.

3 Turner Industries Tracking Signal Problem REQUIREMENT 1.Forecast Sales for the First Quarter of Year 4 under : A. the naïve approach. B. the two-quarter moving average approach. C. the trend line approach. 2. Compute the quarterly tracking signals under each. 3. Plot the tracking signals for each on a control chart. 4. Based on the above, which approach is doing the best job of predicting actual sales ?

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