Question: If January Forecast was 25, predict May sales using exponential smoothing forecast technique with alpha =0.1, 0.5, and 0.9. Calculate the MAD for each case

If January Forecast was 25, predict May sales using exponential smoothing forecast technique with alpha =0.1, 0.5, and 0.9. Calculate the MAD for each case _m -_ -_ __ _m -_ -_ m -_ -_ 9 MAD= MONTH (2016) m Forecast (alpha=0.9) m -_ -_ -_ -_ -_ 9 MAD= -) Identify the value of alpha that results in the lowest MAD

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