Question: Consider the following data on demand for a product over the period Jan 2012 to March 2013: It is now Mar 31,2013 . Forecast demand

Consider the following data on demand for a product over the period Jan 2012 to March 2013: It is now Mar 31,2013 . Forecast demand for the next 3 months by means of an exponential smoothing model. Use some approximate procedure to get initial estimates of the mean and the linear trend, and use values of α=0.25,β=0.1 for the smoothing constants.

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