Question: show work please 1. Use exponential smoothing with a=0.3 and a=0.8 to forecast. Then compare the forecasting accuracy of the two exponential smoothing constants on

show work please 1. Use exponential smoothing

show work please

1. Use exponential smoothing with a=0.3 and a=0.8 to forecast. Then compare the forecasting accuracy of the two exponential smoothing constants on the basis of MAD. Assume the initial forecast for the first period is 12 (keep 2 decimal places in your answer), which exponential smoothing method is better? Period Demand 1 10 2 7 3 3 9 4 12 5 14

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