Question: Prepare forecasts for February 2011 through January 2013 for Cooper
Prepare forecasts for February 2011 through January 2013 for Cooper Toys, using an adjusted exponential smoothing model with a = 0.25 and b = 0.4. Assume that the initial unadjusted forecast (F1) for January 2011 was 1,100 and the trend factor (T1) was 60.
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