Question: The question has no actual demand data B. A firm uses simple exponential smoothing with a = 0.1 to forecast demand. The forecast for the

The question has no actual demand data B. A firm

The question has no actual demand data

B. A firm uses simple exponential smoothing with a = 0.1 to forecast demand. The forecast for the week of January 1 was 500 units whereas the actual demand turned out to be 450 units. 1. Calculate the demand forecast for the week of January 8. [5 Mark II. Calculate the mean absolute deviation [3.5 Mar" III. Find the square mean error [3.5 Mar

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