Question: PLEASE SHOW WORK ON HOW IT WAS SOLVED, Thank you! Marie Bain is the production manager at a company that manufactures hot water heaters. Marie

PLEASE SHOW WORK ON HOW IT WAS SOLVED, Thank you!
Marie Bain is the production manager at a company that manufactures hot water heaters. Marie needs a demand
forecast for the next few years to help decide whether to add new production capacity. The company's sales
history (in thousands of units) is shown in the table below. Use exponential smoothing with trend adjustment to
forecast (FIT) demand for period 6. The initial forecast for period 1 is 95 units; the initial estimate of trend is 4.00.
The smoothing constants are =.2 and =.4
 PLEASE SHOW WORK ON HOW IT WAS SOLVED, Thank you! Marie

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