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The estimated trend value of community palm oil consumption is 6,300,000 metric tons for a given month. Assuming that the cyclical component is 120% of

The estimated trend value of community palm oil consumption is 6,300,000 metric tons for a given month. Assuming that the cyclical component is 120% of normal, with the seasonal and irregular component is 70% and 115% of normal, respectively, use the multiplicative time series model in determining the quantity (in million metric tons) of palm oil consumed during the month. Explain your findings.

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