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The following table contains the demand from the last 10 months: a. Calculate the single exponentlal smoothing forecast for these data using an of 0.10
The following table contains the demand from the last 10 months: a. Calculate the single exponentlal smoothing forecast for these data using an of 0.10 and an Inltial forecast (Fj) of 33 . (Round your answers to 2 decimal places.) b. Calculate the exponentlal smoothing with trend forecast for these data using an of 0.10 , a of 0.20 , an Initlal trend forecast ( Tj ) of 1.00 , and an Inltal exponentlally smoothed forecast ( Fj) of 32 . (Round your answers to 2 decimal places.) c-1. Calculate the mean absolute devlation (MAD) for the last nine months of forecasts. (Round your answers to 2 declmal places.) c-2. Which is best? Exponentlal smoothing with trend forecast SIngle exponentlal smoothing forecast
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