What is the forecast for this year using exponential smoothing with alpha = 0.5

1 – What is the forecast for this year using exponential smoothing with alpha = 0.5, if the forecast for two years ago was 16,000?16,50017,00017,50018,000None of the above0.5 pointsQUESTION 8In exponential smoothing with trend, the forecast consists of:the old forecast adjusted by a trend factor.the old forecast and a smoothed trend factor.an exponentially smoothed forecast with an unsmoothed trend factora moving-average and a trend factor.None of the aboveUsing the following data, what is the moving-average forecast for the next period using a three period model?PeriodDemand15825936046158606162None of the aboveTwo different forecasting methods are applied to the same data set. If the Mean absolute deviation is higher for the second method and the Mean square error is higher for the first method, what does this indicate?Both methods produce unacceptably high error rates.The first method is less accurate than the second method.The first method produces more extreme errors than the second method.The second method produces more extreme errors than the first method.None of the above