Question: Develop an exponential smoothing forecast (=0.5) for February 2019 through January 2020. Assume that your forecast for January 2019 was 95. Calculate the MFE, MAD,

Develop an exponential smoothing forecast

(=0.5)

for February 2019 through January 2020. Assume that your forecast for January 2019 was

95.

Calculate the MFE, MAD, and MAPE values for February through December 2019.

Click the icon to view the time series data.

Find an exponential smoothing forecast for each period and fill-in the table below (enter your responses rounded to one decimal place).

Develop an exponential smoothing forecast (=0.5)

Develop an exponential smoothing forecast (a=0.5) for February 2019 through January 2020. Assume that your forecast for January 2019 was 95. Calculate the MFE, MAD, and MAPE values for February through December 2019. Click the icon to view the time series data. Find an exponential smoothing forecast for each period and fill-in the table below (enter your responses rounded to one decimal place). Demand Forecast Month January 2019 February 93 95 66 Month January 2019 February March April May June July August September October November December Demand 93 66 110 75 81 120 107 105 88 97 89 92

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