Question: Develop an exponential smoothing forecast (a=0.2) for February 2019 through January 2020. Assume that your forecast for January 2019 was 70. Calculate the MFE, MAD,

Develop an exponential smoothing forecast (a=0.2) for February 2019 through January 2020. Assume that your forecast for January 2019 was 70. Calculate the MFE, MAD, and MAPE values for February through December 2019. B 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 70 65 74.6 March 96 72.7 April 89 77.4 May 80 79.7 June 127 79.8 July 99 89.2 August 113 91.1 September 96 95.5 October 102 95.6 November 83 96.9 December 92 94.1 The forecast for January 2020 is 93.7. (Enter your response rounded to one decimal place.) The MFE is (Enter your response rounded to one decimal place and include a minus sign if necessary.)
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