Question: b) The weekly demand data is shown in figure below. Find out the exponential smoothing forecasts for periods 2-10 using a=0.10 and a=0.60? Assume Fl=DI.

b) The weekly demand data is shown in figure

b) The weekly demand data is shown in figure below. Find out the exponential smoothing forecasts for periods 2-10 using a=0.10 and a=0.60? Assume Fl=DI. (7) a. Also provide the exponential smoothing plots. b. Calculate the MSE and MAD for both the alphas and conclude which one is better. Week Demand 1 820 2 775 3 680 655 5 750 802 798 689 9 775 10 4 6 7 8

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