Question: Develop an exponential smoothing forecast (a = 0.2) for February 2019 through January 2020. Assume that your forecast for January 2019 was 140. Calculate the

Develop an exponential smoothing forecast (a =

Develop an exponential smoothing forecast (a = 0.2) for February 2019 through January 2020. Assume that your forecast for January 2019 was 140. Calculate the MFE, MAD, and MAPE values for February through December 2019. E 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 104 Forecast 140 Month January 2019 February March 78 115 - X April 77 More info May 83 June 122 July 113 108 August September 90 October 105 Month January 2019 February March April May June July August September October November December Demand 104 78 115 77 83 122 113 108 90 105 90 91 November 90 MBEng&g95 December 91 The forecast for January 2020 is (Enter esponse rounded to one decimal place.) The MFE is (Enter your response rounded to one decimal place and include a minus sign if necessary.) The MAD is (Enter your response rounded to one decimal place.) The MAPE is %. (Enter your response rounded to one decimal place.) Print Done

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