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The owner of a small brewery is using Holt - Winter s method to forecast his quarterly beer sales. He has been smoothing constants of
The owner of a small brewery is using HoltWinters method to forecast his quarterly beer
sales. He has been smoothing constants of and He has currently
obtained the following values of the various level, trend, and seasonal factors: #
# # $ and &
Determine the forecast for the beer sales in quarter
Suppose that the actual sales turn out to be in quarter Find and and find
the updated values of the seasonal factors. Also determine the forecast made at the end
of quarter for quarter
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