The following tabulations are actual sales of units for six months. (assume F 1 = A 1

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The following tabulations are actual sales of units for six months. (assume F₁ = A₁)

a.Calculate forecasts for the remaining five months using simple exponential smoothing with = 0.2

b.Calculate MAD for the forecasts

	Actual (A_t)	Forecast (F_t)
Jan	110
Feb	104
March	116
April	110
May	98
June	124

(Please provide detailed steps of your solution for part a and b.)

Posted Date: May 18, 2024 12:04 PM

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The following tabulations are actual sales of units for six months. (assume F 1 = A 1

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