Calculate the forecast for the next 4 months using ist


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.

Request for Solution File

Ask an Expert for Answer!!
HR Management: Calculate the forecast for the next 4 months using ist
Reference No:- TGS02554517

Expected delivery within 24 Hours