Question: uarterly demand data for two years are shown in the table below. Year/Quarter Demand 1/1 16 1/2 32 1/3 70 1/4 61 2/1 14 2/2

uarterly demand data for two years are shown in the table below. Year/Quarter Demand 1/1 16 1/2 32 1/3 70 1/4 61 2/1 14 2/2 46 2/3 84 2/4 50 a) Please use Winterss method to determine initial values of the intercept, slope, and seasonal factors for each quarter. b) The demand for the first quarter of year 3 was 20. Please use = 0.3, = 0.1, and = 0.2 to update the estimates. c) What are the forecasts made at the end of the first quarter of year 3 for the remaining three quarters of year 3? d) The demand for the remaining three quarters of year 3 was 50, 88, and 66. Please use

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