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Weekly demand at Hot Pizza are as follows: Week Demand 1 108 2 116 3 118 4 124 5 96 6 119 7 96 8

Weekly demand at Hot Pizza are as follows:

Week Demand
1 108
2 116
3 118
4 124
5 96
6 119
7 96
8 102
9 112
10 102
11 92
12 91

Estimate demand for the next four weeks using a four-week moving average as well as simple exponential smoothing with alpha=0.1. Evaluate the MAD, MAPE, MSE, bias, and TS in each case. Which of the two methods do you prefer? Why?

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