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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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