Question: Problem 12-4 (Algo) Using the ice cream sales data given below, forecast demand using moving average with n=1.4 and 8 and the exponential smoothing model

Problem 12-4 (Algo) Using the ice cream sales data given below, forecast demand using moving average with n=1.4 and 8 and the exponential smoothing model with alpha=0.1, 0.5, and 0.9 and using 144.0 for the beginning forecast on the first day Day Th Day M T w Th F 5 Su M Su ---- 2-33-za-un C- Demand 144.0 138.7 143.6 171.7 169.8 209.7 230.6 236.7 239.5 254.4 266.2 260.7 244.0 231.3 237.8 230.3 225.2 248.5 269.6 252.3 289.4 Demand 298.7 332.7 336.3 332.5 322.1 306.4 312.0 328.0 331.5 354.1 337.6 323.2 318.3 324.2 Th Th Su Su Th Su Drou 2 of 10 13 Next > 0. Beginning with the errors calculated in period 9 (the second Tuesday in the list), calculate MFE and MAD for moving average forecast model (Round your intermediate calculations and final answers to 1 decimal place.) Moving Average Forecast n1 n-4 MFE MAD b. Beginning with the errors calculated in period 9 (the second Tuesday in the list), calculate MFE and MAD for exponential smoothing forecast model (Round your intermediate calculations and final answers to 1 decimal place.) Exponential Smoothing Forecast 0 - 0.1 0-0.5 0-0.5 MFE MAD

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