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Please answer ASAP. Thank you. The manager of a small health clinic would like to use exponential smoothing to forecast demand for laboratory services in

Please answer ASAP. Thank you. The manager of a small health clinic would like to use exponential smoothing to forecast demand for laboratory services in the facility. However, she is not sure whether to use a high or low value of . To make her decision, she would like to compare the forecast accuracy of a high and low on historical data. She has decided to use an = 0.7 for the high value and = 0.1 for the low value. Given the following historical data, which do you think would be better to use? (Round intermediate calculations to 4 decimal places, e.g. 15.2516. Round answers to 2 decimal place, e.g. 15.25.)

Week Demand (lab requirements)
1 322
2 340
3 316
4 384
5 381
6 340

Forecasts using = 0.1, MAD

enter the mean absolute deviation rounded to 2 decimal places

Forecasts using = 0.7, MAD

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