Question: supply chain management 2) Using data from the previous problem, calculate the monthly forecast for 2003 using simple exponential smoothing with a=0.2. The initial forecast

supply chain management 2) Using data from the

supply chain management

2) Using data from the previous problem, calculate the monthly forecast for 2003 using simple exponential smoothing with a=0.2. The initial forecast on Jan 03 is 983. Calculate the MAD and the tracking signal. How does this forecast compare with the previous one

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