Question: (I cannot put in the demand data table because the table is an image, but you can come up with demand data for periods 1-9).
(1) cannot put in the demand data table because the table is an image, but you can come up with demand data for periods. 1-9). 1. The following data points represent monthly sales for take-out meals at the UTRGV student union. You are tasked to ovaluate the forecast for periods 6,7 and 8 by following the instructionis bellow: 1. Prepare data for the forecast 1. Fill in values for the intercept (st) for period 4 1. That is, fill in S4 by using a MA(3) of the previously observed data 1.. Fill in values for the slope (Gy) for perfod 4 1. Fill in G4 by using 2096 of $4. 2. Calculate the forecast for periods 6,7 and 8 with double exponenthal smoothing by using Holt's method with a (-step-ahead forecast with =0.2 and =0.1. Mis. Show the equations and calculations for credit or equations in your spreadtheet. 3. Calculate the mean sbsolute deviation (MAD) for your forecasts, and comment on the forecast
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