Question: Below is the time series data showing the monthly demand for a companys products over the last year. Use the data to calculate a 3

Below is the time series data showing the monthly demand for a companys products over the last year. Use the data to calculate a 3 period moving average forecast for the data. Then develop an Exponential Smoothing forecast for the data using an alpha of .35. Using the MAD calculate the expected error for both forecasts and identify which method you would select for future forecasts.

Actual Month Demand ou Awn-obos OU AWN January February March April May June July August September October November December 4675 3500 3625 3400 3175 2860 2750 3500 3600 3800 3975 4425

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