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Monthly demand for Acme Corporation is given in the table below. Forecast the monthly demand for the next four months using Winters model with =0.05,

Monthly demand for Acme Corporation is given in the table below. Forecast the monthly demand for the next four months using Winters model with =0.05, =0.1, and =0.1. Evaluate the MSE, MAPE, MAD, and the standard deviation of forecast error estimate in each case.

Period, t

Demand, Dt

1

158

2

257

3

455

4

672

5

277

6

462

7

636

8

751

9

237

10

385

11

632

12

810

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