Excercise $7-2$: Hot Pizza

EXPONENTIAL SMOOTHING

Estimate demand for the next $4$ weeks using a $4-$week moving average as well as simple

exponential smoothing with $\backslash$alpha $=0\mathrm{.}1.$ Evaluate the MAD, MAPE, MSE, bias, and TS in each

case. Which of the two methods do you prefer? Why?

$5)$ For the Hot Pizza data in Exercise $2,$ compare the performance of simple exponential

smoothing with $\backslash$alpha $=0\mathrm{.}1$ and $\backslash$alpha $=0\mathrm{.}9.$ What difference in forecasts do you observe? Which of

the two smoothing constants do you prefer? Why?

PLEASE aANSWER THE FULL QUESTION AND TELL ME WHAT THIS SHEET SHOULD HAVE FULLY FILLED iN