Question: 2. Forecasted sales for years 2006 through 2010 using exponential smoothing with = 0.60 and a starting forecast of 420.00 are (round your response to

2. Forecasted sales for years 2006 through 2010 using exponential smoothing with = 0.60 and a starting forecast of 420.00 are (round your response to two decimalplaces).
3. The MAD for a forecast developed using exponential smoothing with =0.60 is _____ sales (round your response to two decimal places).
4. Forecasted sales for years 2006 through 2010 using exponential smoothing with =0.90 and a starting forecast of 420.00 are (round your response to two decimalplaces):
Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 420.00, the following sales forecast has been developed: Year Sales 460 495 2005 2006 2007 2008 2009 Forecasted Sales 420.00 432.00 450.90 471.03 500.72 518 570 580 The MAD for a forecast developed using exponential smoothing with a = 0.30 is sales (round your response to two decimal places)Step by Step Solution
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