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A pharmacist has been monitoring sales of a certain over - the - counter pain reliever. Daily sales during the last 1 5 days were

A pharmacist has been monitoring sales of a certain over-the-counter pain reliever. Daily sales during the last 15 days were
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a. Assume the data refer to demand rather than sales. Using trend-adjusted exponential smoothing with an initial forecast of 42 for Day 8, an initial trend estimate of 2, and \( a=\beta=.2\), develop demand forecasts for Days 9 through 16. Then compute the resultant MSE using the error values from Days 8 through 15.
Note: Round your intermediate period-by-period forecast and error values to 3 decimal places. Round your final MSE answer to 3 decimal places.
MSE
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