3. The following tabulations are actual sales of units for 6 months and a starting forecast in...

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3. The following tabulations are actual sales of units for 6 months and a starting forecast in January.

a. Calculate forecasts for the remaining 5 months using simple exponential smoothing with α = 0.2.

b. Calculate MAD for the forecasts.

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Manufacturing Planning And Control For Supply Chain Management The CPIM Reference

ISBN: 9781265138516

3rd Edition

Authors: F. Robert Jacobs, William Lee Berry, D. Clay Whybark, Thomas E. Vollmann

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Question Posted: Oct 11, 2024 02:00 AM

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3. The following tabulations are actual sales of units for 6 months and a starting forecast in...

Question:

Actual 100 Forecast 80 January February 94 March 106 April 80 May 68 June 94

Step by Step Answer:

Manufacturing Planning And Control For Supply Chain Management The CPIM Reference

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