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 110 May 98 June 124
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The following tabulations are actual sales of units for six months. (assume F1 = A1)
a. Calculate
b. Calculate MAD for the forecasts
|
Actual (At) |
Forecast (Ft) |
Jan |
110 |
|
Feb |
104 |
|
March |
116 |
|
April |
110 |
|
May |
98 |
|
June |
124 |
|
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