Question: Time-series forecast Forecast for period 11 using exponential smoothing using an alpha of 0.05 and assuming your forecast for the first period was 131 [2]

Time-series forecast
- Forecast for period 11 using exponential smoothing using an alpha of 0.05 and assuming your forecast for the first period was 131 [2]
- 3-month moving average [2]
- Compute a weighted average forecast using a weight of .40 for the most recent period, .30 for the next most recent, .20 for the next, and .10 for the next. [3]
- CFE for the 3 forecast techniques in 1-3 above [3]
- TS for the 3 forecast techniques in 1-3 above [3]
- MAD for the 3 forecast techniques in 1-3 above [3]
- MSE for the 3 forecast techniques in 1-3 above [3]
- MAPE for the 3 forecast techniques in 1-3 above [3]
- Based on the error calculated, which forecast is best? Type your answer on the space provided below. [2]
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