Question: Using the Exponential Smoothing with Trend Method: Assume an initial starting Ft of 2 9 6 units, a trend ( Tt ) of eight units,

Using the Exponential Smoothing with Trend Method: Assume an initial starting Ft of 296 units, a trend (Tt) of eight units, an alpha of 0.30, and a delta of 0.30. If the actual demand turned out to be 284, calculate the forecast for the next period.

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