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The Duxiana store has the following demand figures for the last four years: Year Demand 1 100 2 150 3 112 4 200 Given the

The Duxiana store has the following demand figures for the last four years:

Year

Demand

1

100

2

150

3

112

4

200

Given the demand forecast for year 2 of 100, the trend forecast for year 2 of 10, an alpha of 0.3, and a beta of 0.2, what is the demand forecast for year 5 using the double exponential smoothing method?

A.

166

B.

135

C.

120

D.

Cannot be determined

(There is a part 2 to this question but I will have access to it after this one is answered. I would rreallllly appreciate it if you stayed and assist me again.)

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