Question: Calculate a forecast using the data contained on the answer key. For periods 2 through 6, develop the exponentially smoothed forecasts using a forecast for

Calculate a forecast using the data contained on the answer key. For periods 2 through 6, develop the exponentially smoothed forecasts using a forecast for period 1 (FI) of 135.0 and an alpha of 0.4. Calculate the mean absolute deviation (MAD) and the cumulative sum of forecast error (CFE) for your forecast FORECAST ERROR MONTH 1 2 3 4 5 DEMAND 135 165 162 170 150

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