Question: grow until year 8 , after which it is expected to plateau. Julie must select the appropriate forecasting method and estimate the likely forecast error.

grow until year 8, after which it is expected to plateau. Julie must select the appropriate forecasting
method and estimate the likely forecast error. Which method should she choose? Why? Using the
method selected, forecast demand for years 6 to 8.(Hint: Given the clear seasonal pattern in the
data, the forecast is made using the static forecasting method (with trend and seasonality) and
Winter's model (both outlined in Chapter 7).

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