Question: Given the data shown below, use (=.2 and =.4 to create trend enhanced smoothing based forecasts for periods 7, 8, and 9. Assume that

Given the data shown below, use (=.2 and Î² =.4 to create trend enhanced smoothing based forecasts for periods 7, 8, and 9. Assume that FIT1 = 22 and T1 = 7.83.

Example of the calculations are shown for FIT2, FIT3, and FIT4. The FIT for the remaining periods is shown in the table.

Period:12 345 6 Demand: 19 33 37 49 52 60

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