Question: By using the exponential smoothing with trend adjustment steps, calculate the exponentially smoothed forecast demand for period 6 in the following table. The smoothing constants

By using the exponential smoothing with trend adjustment steps, calculate the exponentially smoothed forecast demand for period 6 in the following table. The smoothing constants are = 0.3 and = 0.3.

Period Actual Exp. Smoothing Forecast Trend Factor Forecast including Trend (FIT)
1 12 11.00 0.00 --
2 15 11.30 0.09 11.39
3 16 12.47 0.41 12.89
4 16 13.82 0.69 14.52
5 18 14.96 0.83 15.79
6 22 ?

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