Question: Single Exponential Smoothing, Based the following sales information develop a single exponential smoothing forecast for Redbird Manufacturing Company (RMC) Assume a=0.70. Then calculate MAD and

Single Exponential Smoothing, Based the following sales information develop a single exponential smoothing forecast for Redbird Manufacturing Company (RMC) Assume a=0.70. Then calculate MAD and MAPE. Make sure to follow the Chapter 8 handouts and perform all calculations as taught in class! Error Percent Error Actual Single Month Monthly Exponential Sales Smoothing Forecast March 1508 1 April 1599 2) May 1577 (3) June 1603 (4) July 1657 (5) August 1688 (6) Sept. 1684 (7) October 1701 (8) Nov. (9) 1722 MAD MAPE =

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