Question: Problem # 2 Forecasting George W. Bush, the planning manager of a fragrance company constructed the following table. Period Actual Demand of fragrance Bottles 1

Problem # 2 Forecasting George W. Bush, the

Problem # 2 Forecasting George W. Bush, the planning manager of a fragrance company constructed the following table. Period Actual Demand of fragrance Bottles 1 80 2 50 3 90 4 70 (a) Using Constant Exponential Smoothing Forecast for period 6 (b) Calculate Bias of for part (a) and state if it's under casting or overcasting. (c) What is the Mean Squared Error of forecast

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