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Given the information below, compute a forecast for periods 2, 3, and 4 using Exponential Smoothing, and calulate the Mean Absolute Deviation (MAD). Show work
| Given the information below, compute a forecast | |||||||
| for periods 2, 3, and 4 using Exponential Smoothing, and calulate the Mean Absolute Deviation (MAD). Show work here or Upload work to Blackboard Exam 2 Work Upload | |||||||
| Smoothing Constant = 0.6 | |||||||
| Actual | |||||||
| Period | Sales | Forecast | |||||
| 1 | 54 | 58 | |||||
| 2 | 62 | ||||||
| 3 | 52 | ||||||
| 4 | 60 |
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Understanding And Managing Public Organizations
Authors: Hal G. Rainey
5th Edition
9781118583715
