After plotting the following demand data, a manager has concluded that a trend adjusted exponential smoothing model is appropriate to predict future demand Period, t A t Actual 1 208 2 219 3 232 4 244 5 258 6 268 7 285 8 296 9 313 10 Use period 1 to 4 to estimate the initial smoothed average and trend Use a 0 6 and b 0 5 to develop forecasts for periods 6 through 10 (Round your answers to 2 decimal places ) What is the forcast for period 10 (round the answer to 2 decimal places)

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Question: After plotting the following demand data, a manager has concluded that a trend-adjusted exponential smoothing model is appropriate to predict future demand. Period, t A

After plotting the following demand data, a manager has concluded that a trend-adjusted exponential smoothing model is appropriate to predict future demand.

Period, t	A_t Actual
1	208
2	219
3	232
4	244
5	258
6	268
7	285
8	296
9	313
10

Use period 1 to 4 to estimate the initial smoothed average and trend. Use a = 0.6 and b = 0.5 to develop forecasts for periods 6 through 10. (Round your answers to 2 decimal places.)

What is the forcast for period 10?(round the answer to 2 decimal places)

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