Question: F ( t + 1 ) = A t + ( 1 - ) F t The information in the table above represents the sales

F_{(t + 1)} = A_{t} + (1 -) F_{t}

The information in the table above represents the sales for seven

(7)

items over the past four

(4)

weeks at Hog Retail. The management and Hog Retail would like to utilize the exponential smoothing technique to forecast. Given this, the management lets you know there is an item that has a significant upward trend in the market, and they would like the forecast to be very responsive to this trend. Provided this information, you would advise the company to

F(t+1)=At+(1-)Ft The information in the table above represents the sales for

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