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The following tabulations are actual demand of units for six months and a starting forecast in January. ACTUAL FORECAST January February 100 80 94
The following tabulations are actual demand of units for six months and a starting forecast in January. ACTUAL FORECAST January February 100 80 94 March 106 April 80 May 68 June 94 a. Calculate demand forecasts for the remaining five months using simple exponential smoothing with a = 0.2. b. Calculate MAD for the forecasts.
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