Question: I need help in this question and please use the below formula and also show the work. Please do not make any mistake. Please must

I need help in this question and please use the below formula and also show the work. Please do not make any mistake. Please must show the work and solve in Ms word.

I need help in this question and please use the

I need help in this question and please use the

1. Exponential smoothing is used to forecast automobile battery sales. A value of smoothing constant a is examined, where a=0.6. Evaluate the accuracy of the smoothing constant. (Assume the forecast for January was 22 batteries.) Actual sales are given below: Month Actual Battery Sales Forecast January 20 22 February 21 March 15 April 14 May 13 June 16 F, = F,- +a(4-1 - F:-) where F, = Forecast for period t F:-1 = Forecast for the previous period a=Smoothing constant 4-1 = Actual demandor sales from the previous period

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