Question: Problem 1 . Remember the forecasting problem faced by The Coffee Shop around the Corner ( CS ) that you worked on in the last

Problem 1. Remember the forecasting problem faced by The Coffee Shop around the Corner (CS) that you worked on in the last homework: Hank, the owner of CS, would like to forecast the demand for muffins, which shows a significantly seasonal pattern in the course of a day. Suppose you decided to use Winter's method to forecast the demand during Day 4. Assume \(\alpha=0.2\), and \(\beta=\gamma=0.1\).
(a) Use the demand data from Days 2 and 3 to initialize Winter's method.
(b) What is your forecast for the total demand on Day 4?
(c) Suppose the demand in the morning on Day 4 turns out to be 27. What is your forecast for the total demand in the remainder of Day 4?
Problem 1 . Remember the forecasting problem

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