Can you please answer the questions in steps (include formulas) and the final answers are already given

Question 22 For July Actual demand is 619, exponentially smoothed forecast is 503, exponentially smoothed trend is 101. Calculate Forecast Including Trend (FIT) for AAugust using forecasting method of Exponential Smoothing with Trend Adjustment. The value for alpha is 0.2 and beta is 0.4 Correct Answer: 709 Question 23 A logistics company has been in business for three years and wants to develop quarterly indices. Inventory quantities for each quarter in these years and the quarterly indices are shown in the below table. Assuming that the annual inventory quantity for year 4 will be 267 units. Use seasonal index formula of forecasting and calculate Forecast for Quarter 1 of year 4. Note: Write the answer in round figure Inventory Quantities Quarter Year 1 Year 2 Year 3 Average yearly demand Average quarterly demand Seasonal Index Quarterly demand forecast 1 50 60 40 50 60 0.83 ??? 2 70 80 60 70 60 1.16 3 90 80 70 80 60 1.33 4 40 50 30 40 60 0.66 Correct Answer: 55