Question: Use Holt - Winter s multiplicative method to create a seasonal model that minimizes the MSE for the data set. Use Solver to determine the
Use HoltWinters multiplicative method to create a seasonal model that minimizes the MSE for the data set. Use Solver to determine the optimal values of alpha, beta, and gamma. You can initialize these values to
a What are the optimal values of alpha, beta, and gamma?
b What are the forecasts for each of the next months using this technique? Year Month Time Period COGS
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