Question: b. Compute all possible forecasts using exponential smoothing with a smoothing coefficient jo of 0.3. (Negative amounts should be indicated by a minus sign. Round

b. Compute all possible forecasts using exponential smoothing with a smoothing coefficient jo of 0.3. (Negative amounts should be indicated by a minus sign. Round your answers to ] decimal places.) Period Demand Exportarial Smooth Emor Absolute Error 20 20 e. Compute all possible forecasts using exponential smoothing with a smoothing coefficient jaj of 0.7. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.] Period Demand Exponential Smooth Enow Absolut Error 20 2 45 3 20 9 17 19 d. Compute the MADs for each forecast model. (Round your answers to 3 decimal places.) Average Forecast For an alpha of 0.3, the MAD For an alpha of 0.7, the MAD e. Which forecast model would you choose? Why? The forecast using the smoothing coefficient (a] of model Is to be chosen because it has a measure of error (MAD)

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