Use simple exponential smoothing with a 0.6 to forecast chargers sales for February through May. Assume that the forecast for January was 24 chargers *** Month January Charger Sales 42 February 33 March 28 April 59 May ? a) What will be the forecast for May? b) Calculate the MSE

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Chapter2: Introduction To Spreadsheet Modeling
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Use simple exponential smoothing with a=0.6 to forecast chargers sales for February through May. Assume that the
forecast for January was 24 chargers.
***
Month
January
Charger Sales
42
February
33
March
28
April
59
May
?
a) What will be the forecast for May?
b) Calculate the MSE.
Transcribed Image Text:Use simple exponential smoothing with a=0.6 to forecast chargers sales for February through May. Assume that the forecast for January was 24 chargers. *** Month January Charger Sales 42 February 33 March 28 April 59 May ? a) What will be the forecast for May? b) Calculate the MSE.
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