Question: The leans' company demand manager decided to evaluate exponential smoothing. a. Use a starting forecast of 20 for month 4 to develop forecasts for month

The leans' company demand manager decided to evaluate exponential smoothing. a. Use a starting forecast of 20 for month 4 to develop forecasts for month 5-12 and the first month of next year. Use smoothing constant 0.2 and 0.8. Calculate the average forecast error and mean absolute error. b. Which alfa constant generated least forecast error based on MAD

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