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1. The following table shows the past three years of quarterly sales information. (a) Assume that the forecast for 2018 was 1800 . Use exponential

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1. The following table shows the past three years of quarterly sales information. (a) Assume that the forecast for 2018 was 1800 . Use exponential smoothing (=0.3) with seasonal index to forecast demand for each quarter in 2021(6%) (b) Write the formula for "exponential smoothing method" and prove that, the

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