Question: Using simple exponential smoothing and the following time series data, respond to each of the items. begin { tabular } { | cc |

Using simple exponential smoothing and the following time series data, respond to each of the items.
\begin{tabular}{|cc|}
\hline Period & Demand \\
\hline 1 & 114\\
2 & 142\\
3 & 153\\
4 & 147\\
5 & 156\\
6 & 160\\
7 & 111\\
8 & 136\\
9 & 126\\
10 & 125\\
\hline
\end{tabular}
Required:
Click here for the Excel Data File
b. Compute all possible forecasts using a smoothing coefficient (\(\alpha \)) of 0.3.
Note: Negative amounts should be indicated by a minus sign. Round all your answers to 1 decimal place except "Absolute error" and "Absolute percent error" answers which should be rounded to \(\mathbf{2}\) decimal places.
\begin{tabular}{|c|c|c|c|c|c|c|}
\hline Period & Demand & Exponential Smooth & Error & Absolute Error & \multicolumn{2}{|l|}{Absolute Percent Error}\\
\hline 1 & 114 & & & & & \\
\hline 2 & 142 & & & & & \%\\
\hline 3 & 153 & & & & & \%\\
\hline 4 & 147 & & & & & \%\\
\hline 5 & 156 & & & & & \%\\
\hline 6 & 160 & & & & & \%\\
\hline 7 & 111 & & & & & \%\\
\hline 8 & 136 & & & & & \%\\
\hline 9 & 126 & & & & & \%\\
\hline 10 & 125 & & & & & \%\\
\hline 11 & & & & & & \\
\hline
\end{tabular} c. Compute the MAD and MAPE.
Note: Round your answers to 2 decimal places.
d. What is the forecast demand for period 11?
Note: Round your answer to 1 decimal place.
Period 11 forecast
e. What is the error associated with period 11's forecast?
Note: Round your answer to \(\mathbf{2}\) decimal places.
Error associated with the period 11's forecast
Using simple exponential smoothing and the

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