Question: Develop an exponential smoothing forecast (a = 0.3) for February 2019 through January 2020. Assume that your forecast for January 2019 was 100. Calculate the

Develop an exponential smoothing forecast (a = 0.3) for February 2019 through January 2020. Assume that your forecast for January 2019 was 100. Calculate the MFE, MAD, and MAPE values for February through December 2020.

MONTH DEMAND January 2019 February 119 72 March 113 April 82 82 May June 131 July 111 August September 116 89 October 95

MONTH DEMAND January 2019 February 119 72 March 113 April 82 82 May June 131 July 111 August September 116 89 October 95 November 88 December 90

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