Question: Weekly demand for a retailer is given in the table below. please estimate demand for the next 4 weeks using simple exponential smoothing with alpha=0.2.

Weekly demand for a retailer is given in the table below. please estimate demand for the next 4 weeks using simple exponential smoothing with alpha=0.2. Evaluate the MAD for your forecasts. Please plot the dataset as well as your demand forecasts.

Week Demand (units) 517 1 2 510 3 557 4. 498 5 6 498 444 526 7 8 441 9 541 10 445

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