Question: Exercise 1 8 - 9 ( Algo ) ( LO 1 8 - 3 , LO 1 8 - 4 ) Using simple exponential smoothing

Exercise 18-9(Algo)(LO18-3, LO18-4)
Using simple exponential smoothing and the following time series data, respond to each of the items.
Period Demand
1124
2152
3163
4157
5166
6170
7121
8146
9136
10135
Click here for the Excel Data File
b. Compute all possible forecasts using a smoothing coefficient (\alpha ) of 0.3.(Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place.)
c. Compute the MAD. (Round your answer to 2 decimal places.)
d. What is the forecast demand for period 11?(Round your answer to 1 decimal place.)
e. What is the error associated with period 11s forecast? (Round your answer to 2 decimal places.)

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