Question: In lab 3 we used solver to determine the best weights for the Weighted Moving Average Forecast and the best alpha for the Exponential Smoothing

In lab

3

we used solver to determine the best weights for the Weighted Moving Average Forecast and the best alpha for the Exponential Smoothing Forecast. Comparing these two forecasts using the best weights and best alpha, the weighted moving average forecast yielded the most accurate forecase based on MAPE, while the Exponential Smoothing Forecast was second best. However, we are unsure how the

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