Question: a) Using Single or Simple exponential smoothing (SES) technique, what will be the forecasted sale for the month of June? Please see the example in

a) Using Single or Simple exponential smoothing

a) Using Single or Simple exponential smoothing (SES) technique, what will be the forecasted sale for the month of June? Please see the example in the excel sheet. b) Using nave method, what will be the forecasted sale for the month of June? Ft1=F1+(A1F1) Ft1At=Forecastvaluefortimet+I=Actualvalueattimet=Smoothingconstant Considering the smoothing constant Initial forecast =115,000 uestion 5. b) What are different Measures of Forecast Accuracy while calculating the model errors? c) Estimate MAD, MSE, MAPE from the table in Question 4

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