Develop an exponential smoothing forecast ?(a=0.5?) for February 2019 through January 2020….

Develop an exponential smoothing forecast

?(a=0.5?)

for February 2019 through January 2020. Assume that your
forecast for January 2019 was

130.

Calculate the? MFE, MAD, and MAPE values for February
through December 2019.

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Click the icon to view the time series
data.

Find an exponential smoothing forecast for each period
and? fill-in the table below ?(enter your responses rounded to
one decimal? place).

Month

Demand

Forecast

January 2019

95

130

February

66

nothing

March

94

nothing

April

89

nothing

May

92

nothing

June

128

nothing

July

105

nothing

August

105

nothing

September

94

nothing

October

93

nothing

November

93

nothing

December

85

nothing

The forecast for January 2020 is

nothing.

?(Enter your response rounded to one decimal? place.)

The MFE is

nothing.

?(Enter your response rounded to one decimal place and include a
minus sign if? necessary.)

The MAD is

nothing.

?(Enter your response rounded to one decimal? place.)

The MAPE is

nothing?%.

?(Enter your response rounded to one decimal? place.)

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