Question: Use the following data for problems 29 - 30 Month Sales Jan 34 Feb 36 Mar 39 Apr 37 May 38 June 29. Using exponential

Use the following data for problems 29 - 30

Month Sales
Jan 34
Feb 36
Mar 39
Apr 37
May 38
June

29. Using exponential smoothing, with an alpha value of 0.2 and assuming the forecast for Jan is 34, what is the forecast for June?

A. 37.5

B. 36.1

C. 35.6

D. 32.4

30. What is the MAD value for the two month moving average?

A. 2.67

B. 3.0

C. 4.5

D. 1.5

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