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The demands for a product (in thousands of dollars) are shown below. Ignoring seasonal effects, compare the MAD values for the last value method and
The demands for a product (in thousands of dollars) are shown below. Ignoring seasonal effects, compare the MAD values for the last value method and an exponential smoothing model with alpha=0.3. (Answers with just 'numbers' won't be acknowledged: You have to explain the comparison.)
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