Question: 12 The following table represents monthly sales data for a particular model of racing c. Which appears to be the better va tires for
12 The following table represents monthly sales data for a particular model of racing c. Which appears to be the better va tires for motorcycles. MONTH 123456 SALES 104 104 100 92 105 95 MONTH 7 8 9 10 11 12 SALES 95 104 104 107 110 109 a. Calculate the single exponentially smoothed forecast, using an a of 0.20 and an ini- tial forecast of 100.0. b. Calculate the single exponentially smoothed forecast, using an a of 0.40 and an initial forecast of 100.0. c. Calculate the MAD for both forecasts. (Use all 12 months of data.) The fo11.
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