Question: PLEASE READ: I already uploaded this question and the answer I received was incorrect, the incorrect answer is filled in below. My professor gives us

PLEASE READ: I already uploaded this question and the answer I received was incorrect, the incorrect answer is filled in below. My professor gives us checkpoints. To check your work and make sure you are on the right track to providing the correct answer please pay attention to this clue: Month 7 forecast: 22.68; Month 7 error -0.68.

 PLEASE READ: I already uploaded this question and the answer I

Problem 7: Maverick Jeans' demand manager decided to evaluate exponential smoothing. To maintain com- parability, she used the data from problem 6 , copied below. Develop forecasts for months 5-12. Calculate the Bias and MAD. Use a starting forecast of 20 for month 4 and an alpha value of 0.2. (Note: Adjust all cell values to two decimal points.)

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