Question: Consider using a simple exponential smoothing model. In your analysis, test two alpha values, 0 . 2 and 0 . 4 . When using an

Consider using a simple exponential smoothing model. In your analysis, test two alpha values, 0.2 and 0.4. When using an alpha value of 0.2, assume that the forecast for week 1 is the past three-week average (the average demand for periods 3,2, and 1). For the model using an alpha of 0.4, assume that the forecast for week 1 is the past five-week average.
Note: Round your answers to 2 decimal places.Evaluate the forecasts that would have been made over the 13 weeks using the overall (at the end of the 13 weeks) mean absolute deviation, mean absolute percent error, and tracking signal as criteria.

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