Question: QUESTION 1: Forecasting (15 POINTS) Consider the following data table. (10 Points) Period 1 2 Demand 23 22 25 3 4 37 21 30 5

QUESTION 1: Forecasting (15 POINTS) Consider the following data table. (10 Points) Period 1 2 Demand 23 22 25 3 4 37 21 30 5 6 7 8 9 31 25 24 a) Forecast demand using exponential smoothing with an alpha of 0.3, and an initial forecast of 25.0 for period 1. b) Calculate the MAD and MSE criteria

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