Question: in excel with shown work. formulas needed b) What is the MSE! . 4.12 Consider the following actual and forecast demand levels for Big Mac

in excel with shown work. formulas needed

b) What is the MSE! . 4.12 Consider the following actual and forecast demand levels for Big Mac hamburgers at a local McDonald's restaurant: ACTUAL DEMAND FORECAST DEMAND 88 DAY Monday Tuesday Wednesday Thursday Friday 80 The forecast for Monday was derived by observing Monday's demand level and setting Monday's forecast level equal to this demand level. Subsequent forecasts were derived by using expo- nential smoothing with a smoothing constant of 0.25. Using this exponential smoothing method, what is the forecast for Big Mac demand for Friday? PX

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