Develop an exponential smoothing forecast (a = 0.3) for February 2019 through January 2020. Assume that your

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Develop an exponential smoothing forecast (a = 0.3) for February 2019 through January 2020. Assume that your forecast for January 2019 was 100. Calculate the MFE, MAD, and MAPE values for February through December 2020.

MONTH DEMAND January 2019 February 119 72 March 113 April 82 82 May June 131 July 111 August September 116 89 October 95

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Introduction to Operations and Supply Chain Management

ISBN: 978-0134740607

5th edition

Authors: Cecil B. Bozarth, Robert B. Handfield

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Question Posted: Jun 22, 2019 08:54 AM

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Develop an exponential smoothing forecast (a = 0.3) for February 2019 through January 2020. Assume that your

Question:

MONTH DEMAND January 2019 February 119 72 March 113 April 82 82 May June 131 July 111 August September 116 89 October 95 November 88 December 90

Step by Step Answer:

Month Demand Forecast Forecast Absolute Absolute a 03 Error Deviation Error 1a 07 Jan19 119 10...View the full answer

Introduction to Operations and Supply Chain Management

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