# a. Make an exponential smoothing forecast for periods 2 through 5 with 2 values of alpha, 0.05 and 0.60, and

## Question:

a. Make an exponential smoothing forecast for periods 2 through 5 with 2 values of alpha, 0.05 and 0.60, and an assumed forecast for period 1 of 30.

b. Compute the MAD for each of the above forecasts.

c. Which value of alpha will you choose?

Period | 1 | 2 | 3 | 4 |

Data | 32 | 14 | 41 | 30 |

## This problem has been solved!

Do you need an answer to a question different from the above? Ask your question!

## Step by Step Answer:

**Related Book For**

**View Solution**

Create a free account to access the answer

**Cannot find your solution?**

Post a FREE question now and get an answer within minutes.
* Average response time.