Question: A r retail store records customer demand during each sale period. Use the following data to develop three - period moving average forecasting model and

A r retail store records customer demand during each sale period. Use the following data to develop three-period moving average forecasting model and single exponential smoothing forecast model with \alpha =0.5.
Period Actual 3-Mo. MA Exp. Smth
t Demand Forecast Forecast
186----86
293----
388----
489
592
694
What is the MAD for the Exponential Smoothing method?

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