Question: please answer all parts with correct calculations and explanations. QUESTION: A store has the following demand figures for the last four years: Year Demand 1

please answer all parts with correct calculations and explanations. QUESTION: A store has the following demand figures for the last four years:

Year Demand
1 100
2 150
3 112
4 200

Given the demand forecast for year 2 of 100, the trend forecast for year 2 of 10, an alpha of 0.3, and a beta of 0.2, what is the demand forecast for year 3 using the double exponential smoothing method?

115

120

125

130

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