Using the following data on the demand of a product, calculate (i) 3-monthly moving averages, (ii) exponentially
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Using the following data on the demand of a product, calculate (i) 3-monthly moving averages,
(ii) exponentially smoothed averages, assuming initial forecast = 250 and a = 0.3, and (iii) trend-adjusted exponentially smoothed averages, assuming initial forecast = 250, initial trend = 0.7, a = 0.3 and 13=0.1.
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