The following tabulations are actual sales of units for six months and a starting forecast in January.
Question:
The following tabulations are actual sales of units for six months and a starting forecast in January.
a. Calculate forecasts for the remaining fi ve months using simple exponential smoothing with ␣ 0.2.
b. Calculate MAD for the forecasts.
ACTUAL FORECAST January February March April May June 100 94 106 80 68 94 80
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Related Book For 
Operations And Supply Management: The Core
ISBN: 9780073403335
2nd Edition
Authors: F. Robert Jacobs, Richard Chase
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