Quarterly demand for flowers at a wholesaler

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Reference no: EM13752309

Quarterly demand for flowers at a wholesaler are as shown. Forecast quarterly demand for year 5 using:
1. simple exponential smoothing with α=0.1
2. using Holt's model with α=0.1 and β=0.1
Evaluate the MAD, MAPE, MSE for each case.
the solution has to be using exel

Reference no: EM13752309

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