Question: 1. Calculate forecasts by exponential smoothing method using the following data. Here alpha is 0.6 and calculate the mean absolute deviation (MAD) for the forecasting

1. Calculate forecasts by exponential smoothing
1. Calculate forecasts by exponential smoothing method using the following data. Here alpha is 0.6 and calculate the mean absolute deviation (MAD) for the forecasting procedure. What data is the forecast demand of 11th month? Month Demand 1 75 2 78 3 83 4 88 5 89 6 94 7 97 8 100 9 96 10 99

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