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The Norton Industrial Company Has 12 Quarters of Historical Sales

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The Norton Industrial Company has 12 quarters of historical sales data and is interested in forecasting sales for quarter 13.The following data are available: The Norton Industrial Company has 12 quarters of historical sales data and is interested in forecasting sales for quarter 13.The following data are available:   Based on this data,using simple exponential smoothing with a smoothing constant value equal to 0.10 and a starting forecast value equal to the sales in quarter 1 to forecast sales for period 13,what is the MAD value for periods 2-12? Based on this data,using simple exponential smoothing with a smoothing constant value equal to 0.10 and a starting forecast value equal to the sales in quarter 1 to forecast sales for period 13,what is the MAD value for periods 2-12?


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