Question: Problem 12-21 (Algo) Given the data shown below, use a -0.2 and B=0.3 to create a trend-enhanced exponential smoothing forecast assuming FIT4 - 31 and

Problem 12-21 (Algo) Given the data shown below,
Problem 12-21 (Algo) Given the data shown below, use a -0.2 and B=0.3 to create a trend-enhanced exponential smoothing forecast assuming FIT4 - 31 and Ty=4. Then use a=0.5 and F(0) - 31 to create a simple exponential smoothing forecast. Finally, create a 2 period moving average forecast Period Demand 2 32 35 32 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 averago model

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