For the demand values and the January forecast shown in the table below.

a) find the Exponentially Smoothed forecast for April using α = 0.30

b) calculate the MAD for the forecast

c) find 2 month weighted moving average for March through May, using 0.70 for the most recent data

Period Demand Forecast |Demand-Forecast|
January 500 480 20
February 476
March 503
April 510