The following tabulations are actual sales of units for six, Ask an Expert

Management Studies

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

a. find out forecasts for the remaining five months using simple exponential smoothing with

α = 0.2

b. find out MAD for the forecasts.

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

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Operation Management, Management Studies

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