Question: What is the forecast for this year using exponential smoothing with trend if = 0.5 and = 0.3? Assume the forecast for last year was

What is the forecast for this year using exponential smoothing with trend if = 0.5 and = 0.3? Assume the forecast for last year was 21,000 and the forecast for two years ago was 19,000, and that the trend estimate for last years forecast was 1,500.

18,750

19,500

22,650

22,800

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