Question: Develop an exponential smoothing forecast (c=02) for February 2019 through January 2020. Assume that your forecast for January 2019 was 110. Calculate the MFE, MAD,

Develop an exponential smoothing forecast (c=02)
Develop an exponential smoothing forecast (c=02)
Develop an exponential smoothing forecast (c=02)
Develop an exponential smoothing forecast (c=02) for February 2019 through January 2020. Assume that your forecast for January 2019 was 110. 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). Forecast January 2019 February 1076 Month 110 Demand 98 69 111 March 99.8 April 88 1020 88 102.0 April May 95 99.2 98.3 June 129 109 1044 118 1053 July August September October 96 107.8 105 105.4 November 81 105 3 December 91 100.4 118 105.3 96 107,8 August September October November December 105 105.4 81 105.3 91 100.4 The forecast for January 2020 is 98.5. (Enter your response rounded to one decimal place.) The MFE is -4.6. (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.)

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