Question: Given the information below, compute a forecast for periods 2, 3, and 4 using Exponential Smoothing, and calulate the Mean Absolute Deviation (MAD). Show work

Given the information below, compute a forecast

for periods 2, 3, and 4 using Exponential Smoothing, and calulate the Mean Absolute Deviation (MAD).

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Smoothing Constant = 0.6
Actual
Period Sales Forecast
1 54 58
2 62
3 52
4 60

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