Question: QUESTION 1: Forecasting (15 POINTS) Consider the following data table. (10 Points) Period 1 2 3 4 5 6 7 8 9 Demand 23 22

QUESTION 1: Forecasting (15 POINTS) Consider the following data table. (10 Points) Period 1 2 3 4 5 6 7 8 9 Demand 23 22 25 37 21 30 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. 25 minutes

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