A store has the following demand figures for the last four years: Year 2 3 4 Demand 100 150 112 200 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? 125 115 130 120
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