Use exponential smoothing with trend adjustment to forecast demand for period 11. Let = 0.5,
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Use exponential smoothing with trend adjustment to forecast demand for period 11. Let α = 0.5, β = 0.3, and let the initial trend value be 12 and the initial forecast be 200.
Period | Actual Demand |
1 | 200 |
2 | 212 |
3 | 214 |
4 | 222 |
5 | 236 |
6 | 221 |
7 | 240 |
8 | 244 |
9 | 250 |
10 | 266 |
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