Question: Given the following data, use exponential smoothing ( = 0 . 2 ) to develop a demand forecast for period 6 . Assume the forecast

Given the following data, use exponential smoothing (=0.2) to develop a
demand forecast for period 6. Assume the forecast for the initial period is 5.
If the demand of period 6 turns out to be 12, what is the mean absolute
deviation (MAD)?
MAD =| Actual - Forecast ?n
Given the following data, use exponential smoothing (=0.2) to develop a

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