Question: L04 9. After plotting the following demand data, a manager has concluded that a trend-adjusted exponential smoothing model is appropriate to predict future demand. Use

L04 9. After plotting the following demand data,
L04 9. After plotting the following demand data,
L04 9. After plotting the following demand data, a manager has concluded that a trend-adjusted exponential smoothing model is appropriate to predict future demand. Use period 1 to 4 to estimate the initial smoothed series (use the aver- age of the first four periods) and smoothed trend (use the increase from day 1 to day 4 divided by 3). Use a = 0.5 and B = 0.4 to develop forecasts for periods 5 through 10. Period, t A, Actual 1 210 2 224 3 229 4 240 5 255 6 265 7 272 8 285 9 294 10

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