Question: The following table represents the demand for a specific type of cedar boards at Home Depot over the last 9 months. Month Demand ( in

The following table represents the demand for a specific type of cedar boards at Home Depot over the last 9 months.
Month Demand (in 1000s)
January 23
February 14
March 19
April 22
May 17
June 13
July 21
August 18
September 12
October ?
Assuming
,
, an initial forecast of 20 for January, and an initial trend adjustment of 0 for January, develop an exponential smoothing with trend adjustment forecast and clearly answer the following questions in your spreadsheet.
How many cedar boards are forecasted for October?
What is the MAPE (Mean Absolute Percentage Error) for the first nine months?

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