Question: Part B. Consider the following data table. Forecast demand using exponential smoothing with an alpha of 0.4, and an initial forecast of 28.0 for period

Part B. Consider the following data table.

Part B. Consider the following data table. Forecast demand using exponential smoothing with an alpha of 0.4, and an initial forecast of 28.0 for period 1. In addition, calculate the MAD and MSE, and forecast demand for period 11. (12 Points) Period 1 2 3 4 Demand 24 23 26 36 26 5 30 6 7 8 32 26 25 28 9 10

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