Question: A company has been using exponential smoothing with an alpha of .2 to forecast weekly truck sales. Given the data below, what would be [MAD,
A company has been using exponential smoothing with an alpha of .2 to forecast weekly truck sales. Given the data below, what would be [MAD, MSE]? Assume an initial exponential forecast of 60 units in period 2 (i.e., no forecast for period 1).
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