Question: Using the data in Problem 20 and the Time Series Solver of OM Explorer, find the best exponential smoothing parameter alpha that minimizes MAD. Let

Using the data in Problem 20 and the Time Series Solver of OM Explorer, find the best exponential smoothing parameter alpha that minimizes MAD. Let the forecast for period 1 be the actual data for period 1, and begin the error analysis in period 2.

8 5571 4 Y122-22 2-2 1 1 2 2 2 2 5-9872691149 ar 0 2 4 8 66 12 20 86 44 29 36 754 64443 22 222- 21-122 1 MAN 2

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