Subsequent tabulations are actual sales of units for 6, Ask an Expert

Management Studies

Q. subsequent tabulations are actual sales of units for 6 months and a starting forecast in January.

a. Compute forecasts for remaining 5months using simple exp1ntial smoothing with
α = 0.2

b. Compute MAD for forecasts.

ACTUAL FORECAST
January 100 80
February 94
March 106
April 80
May 68
June 94

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Operation Management, Management Studies

Category:- Operation Management
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