Forecasts for month six using exponential smoothing

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Reference no: EM131775673

The monthly demand for batteries at Yazici, Inc., were as follows:

Month Sales

1 20

2 13

3 16

4 17

5 20

a) Compute forecasts for month 6 using exponential smoothing, with an initial forecast for month 1 of 25, Use α= .1 and, α= .5.

b) Using MSE, determine which forecast is more accurate.

Reference no: EM131775673

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