Question: Given the data for January (below) use trend adjusted exponential smoothing to calculate F.I.T. for the month of February. Assume the forecast smoothing coefficient alpha

Given the data for January (below) use trend adjusted exponential smoothing to calculate "F.I.T." for the month of February. Assume the forecast smoothing coefficient alpha is 0.4 and the trend smoothing coefficient beta is 0.8.

MONTH

CUSTOMER DEMAND DATA

ACTUAL

FORECAST

TREND

JAN

193

201

6

The Forecast Including Trend is [FIT] units?

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