Question: Need handwritten. Clearly outline each individual variable, (At-1), (Ft-1), etc. Looking for simple clean organized work. Rodney is using exponential smoothing with trend adjustment to
Rodney is using exponential smoothing with trend adjustment to calculate the demand for baseball bats in his store. In month 1 , actual demand was 20 , the smoothed forecast was 18 , the smoothed trend was 3 , and the FIT was 21. Assume an alpha of 0.2 and a beta of 0.4 . What is the exponentially smoothed trend for month 2 ? A) 2.92 B) 296 c) 20.8 D) 23.72 E) None of the above
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