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Please explain steps Demand history for the past three years is shown below, along with the seasonal indices for each quarter. Use exponential smoothing with
Please explain steps
Demand history for the past three years is shown below, along with the seasonal indices for each quarter. Use exponential smoothing with alpha ()=0.2 and an initial forecast of 685 along with seasonality to calculate the Year 4 , Q1 forecast. Note: Do not round intermediate calculations. Round your answer to the nearest whole number Step by Step Solution
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