Question: Problem 5 - Use the data below to calculate two Exponetial Smoothed Forecasts. The first should use an alpha of .2 and the second should

 Problem 5 - Use the data below to calculate two Exponetial

Problem 5 - Use the data below to calculate two Exponetial Smoothed Forecasts. The first should use an alpha of .2 and the second should use an alpha of 8. For both forecasts round your forecasts to the nearest whole number. Based on the MAD what is the expected error for these two forecasting techniques? Based on your findings do you think the forecast technique should be more responsive or stable. Briefly, explain your choice. For both forecasts use January's artual demand as the forerast for the 1ct nerind as shown in the tutorial

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