Question: I need answer for the second part... Dan's Pet Empurrium needs your help (yet again). Dan is currently planning for the future and production of

I need answer for the second part... Dan's Pet

I need answer for the second part...

Dan's Pet Empurrium needs your help (yet again). Dan is currently planning for the future and production of his wonderful cat hammocks but is unprepared for how many he needs to make. Determine the upcoming demand for Summer 2021 for cat hammocks. Use exponential smoothing with an alpha = 0.07. Round to the nearest unit of demand. Prior realized demand is in the table below: Year Season Demand 2019 Spring 133 2019 Summer 212 2019 Fall 255 2019 Winter 802 2020 Spring 427 2020 Summer 398 2020 Fall 445 2020 Winter 176 2021 Spring 708 2021 Summer ??? Now that Dan's Pet Empurrium is all set on planning for the upcoming cat hammock season (Summer 2021), it's realized that no one has decided in these past two years how inventory should be managed. Pitch an inventory management model that Dan should implement for the production of cat hammocks. Justify your

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