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The following tabulations are actual sales of units for 6 months and a starting forecast in January. MONTH ACTUAL FORECAST JANUARY 100 80 FEBRUARY 94
The following tabulations are actual sales of units for 6 months and a starting forecast in January.
MONTH | ACTUAL | FORECAST |
JANUARY | 100 | 80 |
FEBRUARY | 94 |
|
MARCH | 106 |
|
APRIL | 80 |
|
MAY | 68 |
|
JUNE | 94 |
|
JULY |
|
|
Calculate forecasts for the remaining six months using simple exponential smoothing with =0.2.
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