Question: QUESTION 1: Consider the following data table. Forecasting (15 POINTS) Demand 123 122 125 137 Period 1 2 3 4 5 6 7 8 9

QUESTION 1: Consider the following data table. Forecasting (15 POINTS) Demand 123 122 125 137 Period 1 2 3 4 5 6 7 8 9 121 130 131 125 124 a) Forecast demand using exponential smoothing with an alpha of 0.2, and an initial forecast of 125 for period 1. b) Calculate the MAD

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