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6 . We would like to evaluate the performance of Moving Average ( 3 ) and Exponential Smoothing ( alpha = 0 . 6 )

6. We would like to evaluate the performance of Moving Average (3) and
Exponential Smoothing (alpha=0.6) for the following weekly demand data:
Week Demand MA(3) Exponential
Smoothing
with alpha
=0.6
1200
2250
200
3175
230
4186208.3
197
5225203.7
190.4
6285195.3
211.16
7305232
255.464
8190271.7
285.186
9
?
Blank columns are provided for your convenience.
a) Develop forecast for Week 9 using MA(3)
b) Develop forecast for Week 9 using Exponential Smoothing (alpha=.6)
c) Which forecasting method is better? Explain why.

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