Question: PlEASE INCLUDE EXCEL FORUMLA'S USED 0.2 Year Absolute Deviation Alpha= Quarter Profit ($1,000) Exponential Smoothing 1 1 64 1 2 72 1 3 102 1

PlEASE INCLUDE EXCEL FORUMLA'S USED

0.2 Year Absolute Deviation Alpha= Quarter Profit ($1,000) Exponential Smoothing 1 1 64 1 2 72 1 3 102 1 4 71 2 1 69 2 2 64 2 3 112 2 4 76 3 1 59 3 2 82 3 3 99 3 4 79 4 1 ? MAD Q2: The quarterly profits (in thousands of dollars) for Dosunmu, Inc., headquartered in Casey IL, about 80 miles southeast of Urbana-Champaign, are listed in the table above. 20 points) a. Please calculate the forecast for profit in year 4, quarter 1, using Exponential Smoothing with alpha = 0.2, and provide your answer in bold in the orange highlighted cell. 10 points) b. Please calculate the mean absolute deviation (MAD) for the forecast calculated in sub question 2a. Please provide your answer in bold in the blue highlighted cell

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