Second scenario: The following table represents the annual production volume and the ending inventory to be...

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Second scenario: The following table represents the annual production volume and the ending inventory to be hold as margin of safety in relation to the annual production volume over 5 years. Year production volume (*1000) total quantity of inventory (1000) 1 100 22 2 3 120 160 30 42 Instructions: Use exponential smoothing method to forecast the production volume and total quantity of inventory for the fourth year, then explain the results by comparing them as a percentage for each year. (You need to know that the forecasted value of production volume for the first year was 95,000 units, and the forecasted quantity of inventory for the first year was 21,000 units). Given that a 0.9. Second scenario: The following table represents the annual production volume and the ending inventory to be hold as margin of safety in relation to the annual production volume over 5 years. Year production volume (*1000) total quantity of inventory (1000) 1 100 22 2 3 120 160 30 42 Instructions: Use exponential smoothing method to forecast the production volume and total quantity of inventory for the fourth year, then explain the results by comparing them as a percentage for each year. (You need to know that the forecasted value of production volume for the first year was 95,000 units, and the forecasted quantity of inventory for the first year was 21,000 units). Given that a 0.9.