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You are a purchasing manager at Lemon, inc., and you are responsible for developing forecast for the most strategically important product j - Pod. Demand

You are a purchasing manager at Lemon, inc., and you are responsible for developing
forecast for the most strategically important product j-Pod. Demand data and forecasts for
the past 5 weeks can be found below:
Demand Forecast
Week1250240
Week2248246
Week3267247.2
Week4253259.08
Week5243255.432
The company is using exponential smoothing forecasting technique with alpha =0.6.
a) Develop forecast for Week6 using exponential smoothing with alpha=0.6.
b) Compute MAD.

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