Question: begin{tabular}{cc} YEAR & DEMANDFORFERTILIZER(1,000SOFBAGS) hline 1 & 4 2 & 6 3 & 4 4 & 5 5 & 10

$\begin{tabular}{cc} YEAR & DEMANDFORFERTILIZER(1,000SOFBAGS) \\ \hline 1 & 4 \\ 2$

$& 6 \\ 3 & 4 \\ 4 & 5 \\ 5$

\begin{tabular}{cc} YEAR & DEMANDFORFERTILIZER(1,000SOFBAGS) \\ \hline 1 & 4 \\ 2 & 6 \\ 3 & 4 \\ 4 & 5 \\ 5 & 10 \\ 6 & 8 \\ 7 & 7 \\ 8 & 9 \\ 9 & 12 \\ 10 & 14 \\ 11 & 15 \\ \hline \end{tabular} :518 Use exponential smoothing with a smoothing constant of 0.3 to forecast the demand for fertilizer given in Problem 5-15. Assume that last period's forecast for year 1 is 5,000 bags to begin the procedure. Would you prefer to use the exponential smoothing model or the weighted average model developed in Problem 5-15? Explain your

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