Question: Problem 12-21 (Algo) Given the data shown below, use a = 0.2 and 3 = 0.4 to create a trend enhanced exponential smoothing forecast assuming

Problem 12-21 (Algo) Given the data shown below, use a = 0.2 and 3 = 0.4 to create a trend enhanced exponential smoothing forecast assuming FIT, = 26 and T, = 4. Then use a = 08 and F) = 26 to create a simple exponential smoothing forecast. Finally, create a 2-period moving average forecast a Period Demand 1 27 33 37 25 29 a. Calculate the MFE and MAD for each model (Round your intermediate calculations and final answers to 1 decimal place.) MFE MAD Trend enhanced model Simple exponential smoothing model 2 period moving average model

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