Calculate the forecast, Calculate the forecast for the next

Calculate the forecast

Reference no: EM131759005

Sales last month were 200, and the forecast was 188. Calculate the forecast for the next 4 months using Ist order exponential smoothing with alpha = .15. Assume sales f the next 4 months are 234, 245, 241, and 237. Calculate the MAD and MSE for this 4 month period.

Reference no: EM131759005

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