Question: Given the following data, use exponential smoothing with trend adjustment (a=0.4 and =0.38=0.3) to develop a demand forecast for period 3. Assume the forecast for

Given the following data, use exponential

Given the following data, use exponential smoothing with trend adjustment (a=0.4 and =0.38=0.3) to develop a demand forecast for period 3. Assume the forecast for the initial period is 5. What is the forecast? Period Demand Forecast Trend Fit 1 1500 1420 284 2 1720 3

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