Question: Qu Fin Perform a simple exponential smoothing (use second method or regular way). two times. Frist time when a = 0.2, and second time when

Qu Fin Perform a simple exponential smoothing (use second method or regular way). two times. Frist time when a = 0.2, and second time when a=0.5 Assume that real demand of 2017 will be 1400. Which a gives us better forecast? Why? Using MAPE variation method, which a is more effective than other? Why? Year 2012 2013 2014 2015 2016 Demand 1350 1400 1440 1380 1400 f A BI 2 3

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