Question: Develop an adjusted exponential smoothing forecast model ( = 0.40 and = 0.40) for the data in Problem 12-39 to forecast seat occupancy, and

Develop an adjusted exponential smoothing forecast model (α = 0.40 and β = 0.40) for the data in Problem 12-39 to forecast seat occupancy, and compare its accuracy with the seasonally adjusted model developed in Problem 12.39(a).

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