Question: PLEASE DO ON PAPER AND UPLOAD. WILL UPVOTE. THANKS Question 1) ( 35 points) Quarterly demand values for flowers at a wholesaler are as shown

PLEASE DO ON PAPER AND UPLOAD. WILL UPVOTE.

PLEASE DO ON PAPER AND UPLOAD. WILL UPVOTE. THANKS

Question 1) ( 35 points) Quarterly demand values for flowers at a wholesaler are as shown below. Forecast 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 Thousand dollars)

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