Question: Using the ice cream sales data given below, forecast demand using moving average with n=14, and 8 and the exponential smoothing model with alpha =

Using the ice cream sales data given below, forecast demand using moving average with n=14, and 8 and the exponential smoothing model with alpha = 01, 0.5, and 0.9 and using 129.5 for the beginning forecast on the first day Day H T w Th F S Su M T W Th F S Su M T W Th F 5 Su Demand 129.5 144.8 162.4 140.4 198.8 191.7 189.4 249.2 129.8 148.7 163.7 217.5 2013 223.4 151.5 189.8 169.1 189.1 206.9 256.7 252.9 Day M T W Th F 5 Su M T w Th F 5 Su Demand 173.4 189.2 190.8 234.8 289.6 351.6 290.0 238.0 156.6 182.8 231.7 265.6 352.1 331.4 a. Beginning with the errors calculated in period 9 (the second Tuesday in the list), calculate MFE and MAD for moving average forecast model (Round your intermediate calculations and final answers to 1 decimal place.) Moving Average Forecast - 1 n-4 n-a MFE MAD b. Beginning with the errors calculated in period 9 (the second Tuesday in the list), calculate MFE and MAD for exponential smoothing forecast model (Round your intermediate calculations and final answers to 1 decimal place.) Exponential Smoothing Forecast 0-01 0-0.5 -0.9 MFE MAD

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