The following tabulations are actual sales of units for six months and a starting forecast in January.
Question:
The following tabulations are actual sales of units for six months and a starting forecast in January.
a. Calculate forecasts for the remaining five months using simple exponential smoothing with a = 0.2.
b. Calculate MAD for theforecasts.
Transcribed Image Text:
ACTUAL FORECAST 100 94 106 80 January February March April May June 68 94
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Related Book For
Operations and Supply Chain Management
ISBN: 9780078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
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