Question: a . After obtaining initial estimates for level, trend and seasonal factors, forecast demand for year 5 using Winter s model with alpha =

a.After obtaining initial estimates for level, trend and seasonal factors, forecast demand for year 5 using Winters model with \alpha =0.05,\beta =0.10 and \gamma =0.15 Consider the given dataset:
a. After obtaining initial estimates for level, trend and seasonal factors, forecast demand for year 5 using
Winter's model with =0.05,=0.10 and =0.15
b. Compute MAD, MSE and MAPE, bias and Tracking Signal for the forecast.
c. Can you find values of ,, and that result in a lower MAD? How? Show your calculations.
NOTE: You should use MS Excel in order to answer these questions. Submit your excel working file!b.Compute MAD, MSE and MAPE, bias and Tracking Signal for the forecast. c.Can you find values of \alpha ,\beta , and \gamma that result in a lower MAD?How? Show your calculations. NOTE: You should use MS Excel in order to answer thesequestions. Submit your excel working file!
 a.After obtaining initial estimates for level, trend and seasonal factors, forecast

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