Question: QUESTION 8 5 points Save Answer Exponential smoothing including Trend (also known as Forecast Including Trend (FIT)) Assume an initial starting F1 of 20,000 units,

QUESTION 8 5 points Save Answer Exponential

QUESTION 8 5 points Save Answer Exponential smoothing including Trend (also known as Forecast Including Trend (FIT)) Assume an initial starting F1 of 20,000 units, a trend (T1) of 500 units, an alpha of 0.2, and a delta of 0.1. Alpha Delta 0.21 0.1 A FIT F T 21,000 20,000 500 21,610 The forecast including trend for period 1 (FIT1) would be If the actual demand turned out to be 21,000 for period 1 (A1), then the F component for period 2 (F2) would be the T component for period 2 (T2) would be and the forecast including trend for period 2 (FIT2) would be which would be the final forecast for period 2. Now, assume that the actual for period 2 (A2) turned out to be 21,610 units, then the F component for period 3 (F3) would be and the T component for period 3 (T3) would be which would mean that the forecast including trend for period 3 (FIT3) would be which would be the final forecast for period 3. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit

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