Question: '' 2) A computer software firm has experienced the following demand for its Personal Finance software package: Period 1 2 3 4 5 6 7

'' '' 2) A computer software firm has experienced

2) A computer software firm has experienced the following demand for its Personal Finance software package: Period 1 2 3 4 5 6 7 8 Demand 56 61 55 70 66 65 72 75 Develop and exponential smoothing forecast using a=0.40 and an adjusted exponential smoothing forecast with a = 0.40 and = 0.20. Compare the accuracy of both forecasts using MAD and MSE

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