"Pizza'r Us a restaurant chain, has been using simple exponential smoothing to come up with their monthly forecasts, but are still not yet sure of the "best" value of a to pick. They ran some computer runs with different values of a and the data yielded the following results: MAD 12.7 11.3 10.5 a 0.15 0.20 0.25 0.30 0.35 0.40 0.45 0.50 13.5 11.6 12.7 13.9 12.0 What is your suggested value of al? 0.40 O 0.15 0.50 O 0.45 0.25

"Pizza'r Us" a restaurant chain, has been using simple exponential smoothing to come up with their monthly forecasts, but are still not yet sure of the "best" value of a to pick. They ran some computer runs with different values of a and the data yielded the following results: a MAD 0.15 12.7 0.20 11.3 0.25 10.5 0.30 13.5 0.35 11.6 0.40 12.7 0.45 13.9 0.50 12.0 What is your suggested value of a? 0.40 0.15 0.50 0.45 0.25