Question: Using the time series shown in Problem 16.3, answer the following questions: From Problem a. Forecast the demand for Period 9 using exponential smoothing with

Using the time series shown in Problem 16.3, answer the following questions:
From Problem

a. Forecast the demand for Period 9 using exponential smoothing with trend adjustment and setting Î± = 0.4 and Î² = 0.7.
b. Calculate the MAD for the forecast in part a.

Period 3 4 5 6 7 8 Demand 15 24 26 33 20 22 27 20

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