Question: Please don't solve it in excel and give detailed solution. The following table shows the demand of a certain service part over the past eight

Please don't solve it in excel and give detailed solution.

The following table shows the demand of a certain service part over the past eight quarters. Determine the forecasts for quarters 3 to 9 using 2 period moving averages (MA-2) and Exponential smoothing with = 0.3 (ES (0.3)). For ES (0.3) calculations, assume nave forecast for period 2. Compare MAD, MSE and MAPE of the MA-2 and ES (0.3) forecasts for quarters 3 to 8. Which forecasting method has been more accurate?

Please don't solve it in excel and give detailed

Period Demand 2 50 50 -55 4. 0 mm N 00 5 93 65 7 8 6 9

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