Given the data, what is the average forecast error (i.e., mean bias) if you use an exponential smoothing technique to complete the forecast table? In this case, the alpha value is 0.60 and your January forecast was 3200 units.

Month	Sales ($)
January	3,000
February	3,400
March	3,700
April	4,100
May	4,700
June	5,700
July	6,300
August	7,200
September	6,400
October	4,600
November	4,200
December	3,900

Using the same data as in Question 7, what is the mean absolute deviation (MAD) for the data using the exponential smoothing method?

Using the same data as in Question 7, what is the mean absolute percent error (MAPE) for the data using the exponential smoothing method? For this case, enter your percentage as a whole number (e.g., 12 as opposed to 12% or 0.12)?

Given all three forecasting methods, which performed the best?