Question: Consider the following data table. Forecasting (15 POINTS Period 1 2 3 4 5 6 7 8 9 Demand 123 122 125 137 121 130

Consider the following data table. Forecasting (15 POINTS Period 1 2 3 4 5 6 7 8 9 Demand 123 122 125 137 121 130 131 125 124. a) Forecast demand using exponential smoothing with an alpha of 0.2, and an initial forecast of 125 for period 1. b) Calculate the MAD.

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