Question: Task 1: Demand Forecasting for Teens Forever Description: Demand for Varsity Letterman jacket at Teens Forever for the last 12 months are as follows: Month

Task 1: Demand Forecasting for Teens ForeverTask 1: Demand Forecasting for Teens Forever

Task 1: Demand Forecasting for Teens Forever Description: Demand for Varsity Letterman jacket at Teens Forever for the last 12 months are as follows: Month Demand Jan 115 Feb 125 Mar 123 Apr 101 May 96 Jun 94 Jul 98 Aug 97 Sep 101 Oct 99 Nov 98 Dec 100 c) What should the values of a and in the Holt's model be in order to minimise the MAD? (1 mark)

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