Question: Please answer both!!1 1) The absolute errors for a 6-week time span are shown as follows. Week Sales Abs. Error 1 100 2 2 130
Please answer both!!1
1) The absolute errors for a 6-week time span are shown as follows.
| Week | Sales | Abs. Error |
| 1 | 100 | 2 |
| 2 | 130 | 12 |
| 3 | 98 | 10 |
| 4 | 100 | 20 |
| 5 | 110 | 3 |
| 6 | 140 | 8 |
Calculate the MAPE over this 6-week time span.
2) The demand in period 1 was 8 units and the demand in period 2 was 9 units. Assume that the forecast for period 1 was for 6 units. If the firm uses exponential smoothing with an alpha value of 0.9, what should be the forecast for period 3?
Note: Round your final answer to two decimal places. Do not round your intermediate calculations.
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