Question: looking for an answer using the manual method by hand. not using excel for this. thank you! Question 1) (35 points) Quarterly demand values for

looking for an answer using the manual method by hand. not using excel for this. thank you!

Question 1) (35 points) Quarterly demand values for flowers at a wholesaler are as shown below. Forecnst quarterly demand for year 5 using simple exponential smoothing with =0.35 as well as Holt's model with =0.35 and =0.25. Which of the two methods do you prefer? Why? (Hint: You need to calculate) forecasting accuracy measures to choose the best model). Table 1 - Quarterly Demand (in Thonsand dollars)

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