Question: VIII. 14.6 For the data in exercise 14.4, use an a of 0.1 and a of 0.2 to make a forecast for July and August.

VIII. 14.6 For the data in exercise 14.4, use an a of 0.1 and a of 0.2 to make a forecast for July and August. Calculate the MAD for your January through June forecasts. Month JA-FJ Actual Demand (A) Smoothed Value (S.) Time Series T Forecasted Demand (F) January 15 15 0 February 18 15.3 0.06 I 15 3 March 22 16.02 0.19 15.36 6.64 April 23 16.9 0.33 16.22 6.78 May 27 18.2 0.52 17.22 9.78 June 26 19.45 0.67 18.73 7.27 July 20.12 August 20.79 MAD = SUMA, - F, 133.4715 = 6.694

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