Using the data from Question 1 and this updated actual sales data, what is the mean average deviation for Kristens forecast when using exponential smoothing with = .3?

*QUESTION 1 IS BELOW WAS A GUIDE*

	Customers Per Day
Week	Sun	Mon	Tue	Wed	Thu	Fri	Sat
Actual:	160	204	197	210	215	300	421

	a.	8.57
	b.	8.93
	c.	10.4
	d.	None of the above

QUESTION 1:

QUESTION 1

Kristen Pacheco owns a small restaurant thats open seven days a week. Until recently, she forecasted the daily number of customers she would have using her intuition. However, she wanted to open another restaurant and recognized the need to adopt a more formal method of forecasting that could be used in both locations. Kristen decided to compare a three week moving average forecast with exponential smoothing forecasts using = .7 and = .3. She collected sales data for a month. The actual sales for the past three weeks are shown in the table below along with her forecast for last week.

	Customers Per Day
Week	Sun	Mon	Tue	Wed	Thu	Fri	Sat
Actual:
3 weeks ago	138	183	182	188	207	277	388
2 weeks ago	143	194	191	200	213	292	401
Last week	157	196	204	193	226	313	408
Forecast:
Last week	155	191	192	198	204	286	396

What is the forecast for Kristens sales for each day of the week using a three-week moving average?

	a.	146, 187, 187, 193, 205, 281, 392
	b.	146, 191, 192, 194, 215, 294, 399
	c.	155, 191, 192, 198, 204, 286, 396
	d.	None of the above