Question: Compute the forecast using exponential smoothing with a smoothing constant of 0.15 and a forecast for Week 1 of 20,000. What is the MAD? Week

Compute the forecast using exponential smoothing with a smoothing constant of 0.15 and a forecast for Week 1 of 20,000. What is the MAD?

Week Miles
1 21,000
2 25,000
3 24,000
4 26,000
5 22,000
6 25,000
7 24,000
8 24,000
9 22,000
10 24,000
11 23,000
12 24,000
13 23,000
14 22,000
15 24,000

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