Question: Problem 1 . Use the attached Excel file with the quarterly demand ( in 1 0 0 0 s of cases ) for a national

Problem 1. Use the attached Excel file with the quarterly demand (in 1000 s of cases) for a national beer distributor over the past 4 years (data taken from textbook problem 11-47).
Generate a forecast using Exponential smoothing, using =.7. Assume forecast for Quarter ) was 294(i.e.,(:F1=294}.(3pts)
a. What is the forecast for Quarter )=(17?
b. Find the MAD based on periods 5 through )=(5,6,dots,16. What is the MAD?
c. Use nonlinear programming to find the that minimizes MAD.
i. What is the ?
ii. What is the MAD?
iii. What is the forecast for Quarter )=(17 using this ?
 Problem 1. Use the attached Excel file with the quarterly demand

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