Question: Question 2: Apply Moving Average (k=3) and Exponential Smoothing (alpha =0.1) to the following demand data and forecast the demand for the maximum # period

Question 2: Apply Moving Average (k=3) and Exponential Smoothing (alpha =0.1) to the following demand data and forecast the demand for the maximum # period you can. Calculate, MAD, MSE, and MAPE. Discuss which method is superior.

Week

Demand

1

108

2

116

3

157

4

124

5

96

6

119

7

96

8

101

9

112

10

102

11

98

12

91

Please, solve the problems by using MS Excel.

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