Given the following data, use exponential smoothing $(=0\mathrm{.}2)$ to develop aThe following is the monthly sales of mugs of Budweiser at the Sports Page during $2001.$The following is the demand for espresso beans at the espresso bar in the Bookie for fiscal year $2001.$

Given a demand forecast of $100\mathrm{.}0$ for July $2000,$ develop a demand forecast for the rest of fiscal year $2001$ using exponential smoothing. Use a smoothing

constant of $\mathrm{.}20.$

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Compute a $3-$month moving average demand forecast for December.

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