Question: 2) Why exponential smoothing is considered important to develop forecasts for demands? Discuss the importance of Trend-Adjusted Exponential Smoothing. Additionally, discuss the importance of seasonal

2) Why exponential smoothing is considered important to develop forecasts for demands? Discuss the importance of Trend-Adjusted Exponential Smoothing. Additionally, discuss the importance of seasonal indices to decompose the data and to include seasonality in the forecast. (Remember: the above requirements should be fully explained with the help of examples given on page 135 and 140 of your book respectively (Title of assigned book: operation management by Kenneth K. Boyer and Rohit Verma)

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