Question: 12.28 Develop an exponential smoothing forecast with = .20 for the demand data in Problem 12.1. Compare this forecast with the three-month moving average computed

12.28 Develop an exponential smoothing forecast with = .20 for the demand data in Problem 12.1. Compare this forecast with the three-month moving average computed in 12.1a. using MAD and indicate which forecast seems to be most accurate.

12.1 The Hartley-Davis motorcycle dealer in the MinneapolisSt. Paul area wants to be able to forecast accurately the demand for the Roadhog Super motorcycle during the next month. From sales records, the dealer has accumulated the data in the following table for the past year.

MONTH

MOTORCYCLE SALES

January

9

February

7

March

10

April

8

May

7

June

12

July

10

August

11

September

12

October

10

November

14

December

16

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