Question: please help solve using excel or any other app. American Bottle, Inc. specializes in the manufacture of plastic containers.The data on monthly sales of 1
please help solve using excel or any other app. American Bottle, Inc. specializes in the manufacture of plastic containers.The data on monthly sales of ounce shampoo bottles for the last fouryears as shown below. Assume that you are at the end of February in year and answer the following; a In order to construct a triple exponential smoothing model, find theinitial intercept, slope and seasonal factors for each monthb Using the forecasting model, find the forecasts for the rest of the year and year Plot both the forecast and observed values on the same chart.c Assume that you have observed the data for March and then April ofyear update the parameters of your forecasting model two times, oneafter each observation. Use alpha beta and gamma
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