Question: round your answer to 2 decimal places Following table represents the monthly actual and forecast demands for a retail food store. By using the exponential

round your answer to 2 decimal places

Following table represents the monthly actual and forecast demands for a retail food store. By using the exponential smoothing with trend adjustment steps, calculate the exponentially smoothed forecast demand for month 10 in the following table. The smoothing constants are a = 0.2 and 3-0.2. Month Actual Forecast including Trend (FIT) 200 Trend Factor 4.00 3.68 4.15 212 214 222 4 Exp. Smoothing Forecast 200.00 202.40 208.45 213.16 219.26 228.73 229.00 236.12 242.30 4.27 236 4.63 206.08 212.60 217.43 223.89 234.33 233.53 241.17 247.58 5.60 221 240 244 250 4.53 5.05 5.28 10 266

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