can you please explain these how we do it why F1 its 74 and F2 is 74 ?

please explain it all these in sample way

Selecting a S hi Constant As with expr makes the In trend = Aloe tre kol change to the recent che trend 4 using a trial and the value of the MADIO Midwestern Manufacturing Step 3: Calculate the trend-adjusted exponential smoothing forecast (F) using the following: FIT -F,T; = 74 +0=74 en ve Midwestern Manufacturing Midwestern Manufacturing Midwest Manufacturing has a demand for electrical generators from 2004 - 2010 as given In the table below. - To forecast demand, Midwest assumes: - F, is perfect T,= 0. YEAR ELECTRICAL GENERATORS GOLD . e=0.3 20 -0.4 20 2000 2007 2000 vod 2000 2010 122 For 2006 (period 3) we have: Step 1: F, = FIT,+0.36Y,-FIT) - 74 + 379 - 74) = 75.5 Step 2: T -T,+0.41F,-FIT) = 0 +0.475.5-74) = 0.6 Step 3: FIT, EF, T, 75.5 + 0.6 76.1 Midwestern Manufacturing Midwestern Manufacturing Exponential Smoothing with Trend Forecasts 18 According to the assumptions, FIT,= F,+T,=740 = 74. 713 TO A. Step 1: Compute F. by: FIT =F,fY-FIT = 740.3(74-74) = 74 Step 2: Update the trend using: TH-T, BIF - FIT, 1-T,+ A1F,-FIT) - 0 + 4174-74) = 0 M TM