Question: 32) 32) Using Exponential Smoothing, within alpha factor of 0.40 and period 7 forecast of 272 with actual demand of 315, what is the forecast

32) 32) Using Exponential Smoothing, within alpha
32) 32) Using Exponential Smoothing, within alpha factor of 0.40 and period 7 forecast of 272 with actual demand of 315, what is the forecast for period 8? A) 291.2 B) 272.0 C) 297.8 Show Work: D) 300.8 E) 2892 33) Axe Company wants to analyze accuracy of the forecasting model they are using Forecasts and actual demands in units for the last five months are given in the table. What is the mean absolute deviation and mean squared error of the following forecast? 33) Month Month Month Sales Forecast June 24 37 July 31 41 August 27 46 September 29 47 October 25 50 A) 14 and 321 B) 18 and 321 C) 17 and 316 D) 16 and 312 E) 13 and 157 Show Work

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