Question: 1)What is the forecast for week 16 using exponential smoothing with = 0.1? Assume that the forecast for week 1 was 62. 2)What is the

1)What is the forecast for week 16 using

1)What is the forecast for week 16 using exponential smoothing with = 0.1?

Assume that the forecast for week 1 was 62.

2)What is the forecast for week 16 using exponential smoothing with = 0.8?

Assume that the forecast for week 1 was 62.

3)What is the mean square error for the forecast with = 0.1 as of week 15? Do not use week one in your calculations.

4)What is the mean square error for the forecast with = 0.8 as of week 15? Do not use week one in your calculations.

5)What is the period 15 tracking signal for the forecast with = 0.1?

6)What is the period 15 tracking signal for the forecast with = 0.8?

The number of flowers sold at The Blossom Shop on Fridays is shown in the table below. Week Demand Week Demand Week Demand 6 8011 88 12 89 5 72 10 60 15 64 Round off all calculations to two decimal places. Maintaining two decimal places is required for all calculations

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