Question: Please Use Excel Solver to answer this problem. 2. Weekly demand figures at Hot Pizza are as shown. Estimate demand for the next 4 weeks

Please Use Excel Solver to answer this problem.

2. Weekly demand figures at Hot Pizza are as shown. Estimate demand for the next 4 weeks using a 4-week moving average as well as simple exponential smoothing with a = 0.1. Evaluate the MAD, MAPE, MSE, bias, and TS in each case. Which of the two methods do you prefer? Why? Week Demand ($) 1 108 2 116 3 118 4 124 5 96 6 119 7 96 8 102 9 112 10 102 11 92 12 91

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