Question: Forecastin Consider the following data table. (10 Points) (15 POINTS) Penod 1 2 3 4 S 6 7 8 9 23 22 25 37 21
Forecastin Consider the following data table. (10 Points) (15 POINTS) Penod 1 2 3 4 S 6 7 8 9 23 22 25 37 21 30 31 25 24 a) Forecast demand using exponential smoothing with an alpha of 0.3, and an initial forecast of 25.0 for period 1. b) Calculate the MAD and MSE criteria. 25 minutes
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