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The following tabulations are actual sales of units for six months. (assume F1 = A1) a. Calculate forecasts for the remaining five months using simple exponential smoothing with α = 0.2 b. Calculate MAD for the forecasts Actual (At) Forecast (Ft) Jan 110 Feb 104 March 116 April 100 May 130 June 140.

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Operation Management, Management Studies

Category:- Operation Management
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