Question: Same data to the previous one: Jim's department at a local department store has tracked the sales of a product over the last three weeks.

Same data to the previous one: Jim's department at a local department store has tracked the sales of a product over the last three weeks. Forecast demand using exponential smoothing with an alpha of 0.4, and an initial forecast of 26.4.0 for period 2. What is the MAD? Period Demand 1 24 2. 23 3 26 4 36 4.98 4.84 3.79 3.94

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