Question: Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast for period 4 is

Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast for period 4 is 14000. Use a smoothing constant of a = 0.4 (Choose the closest answer.) Period Actual Demand 10,000 12,400 13,250 14,750 15,220 18,500 O O O O a. 14,030 b. 13,190 c. 15,220 d. 12,660 A forecasting method has produced the following data over the past 5 months shown in the data set. What is the mean absolut deviation (accurate to 1 decimals)? Month Actual Forecast 2 13 O a. -1.2 O b. 10.0 O c2A O d. 20

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