Computing sales forecasts

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Reference no: EM1376471

The following given table are actual sales of units for 6-months and a starting forecast in January.
a. Compute forecasts for the remaining five months using simple exponential smoothing with; = 0.2.
b. Compute MAD for the forecasts.
ACTUAL FORECAST
January 100 80
February 94
March 106
April 80
May 68
June 94

Reference no: EM1376471

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