James Triton, owner of the fictitious Triton Auto Parts, wants to use simple exponential smoothing to forecast the demand for automobile batteries for his store. He has collected the following data from his store for the past 6 months:

James Triton, owner of the fictitious Triton Auto Parts, wants to use simple exponential smoothing to forecast the demand for automobile batteries for his store. He has collected the following data from his store for the past 6 months: Month January 18 February 23 March 17 April 29 May 32 June 26 Battery Sales (in U.S. dollars) Round your answers to two decimal places. a. Forecast the sales for July using simple exponential smoothing with a=0.2. Assume that the forecast for February (F2) is the naive forecast The forecasted sales for July are $ Number b. Forecast the sales for July using simple exponential smoothing with a = 0.4. Assume that the forecast for February (F2) is the nave forecast The forecasted sales for July are $ Number c. Which of the two forecasting methods should James Triton use? Compute the MAD to help James decide. MADO.2 = Number MAD0.4 = Number O Simple exponential smoothing with a = 0.2 is more accurate, O Simple exponential smoothing with a = 0.4 is more accurate, James Triton, owner of the fictitious Triton Auto Parts, wants to use simple exponential smoothing to forecast the demand for automobile batteries for his store. He has collected the following data from his store for the past 6 months: Month January 18 February 23 March 17 April 29 May 32 June 26 Battery Sales (in U.S. dollars) Round your answers to two decimal places. a. Forecast the sales for July using simple exponential smoothing with a=0.2. Assume that the forecast for February (F2) is the naive forecast The forecasted sales for July are $ Number b. Forecast the sales for July using simple exponential smoothing with a = 0.4. Assume that the forecast for February (F2) is the nave forecast The forecasted sales for July are $ Number c. Which of the two forecasting methods should James Triton use? Compute the MAD to help James decide. MADO.2 = Number MAD0.4 = Number O Simple exponential smoothing with a = 0.2 is more accurate, O Simple exponential smoothing with a = 0.4 is more accurate