The company's sales history (in thousands of units) is shown in the table below. Use exponential smoothing with trend ad
Posted: Thu May 05, 2022 9:04 am
The company's sales history (in thousands of units) is shown in the table below. Use exponential smoothing with trend adjustment, to forecast demand for period 6. The initial forecast for period 1 was 11 units; the initial estimate of trend was 0. The smoothing constants are alpha = .3 and beta = .3.
What is the Trend for Period 2?
Period
Actual
1
12
2
15
3
16
4
16
5
18
6
20
What is the Trend for Period 2?
Period
Actual
1
12
2
15
3
16
4
16
5
18
6
20