Given November actual demand of 61, November forecast of 58, and an alpha of 0.4, November trend

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Given November actual demand of 61, November forecast of 58, and an alpha of 0.4, November trend value +1.03, Beta of 0.3 what would the forecast including trend (FIT) for the December period be using exponential smoothing model 2?

Select one:

a. 62.03

b. cannot be found

c. 68.76

d. 65.72

e. 60.89

Related Book For answer-question

International Financial Management

ISBN: 978-0078034657

6th Edition

Authors: Cheol S. Eun, Bruce G.Resnick

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Posted Date: Jan 25, 2021 07:53 AM

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Given November actual demand of 61, November forecast of 58, and an alpha of 0.4, November trend

Question:

Expert Answer:

According to the provided data Actual demand61 Previous for... View the full answer

International Financial Management

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