Question: You are tasked to forecast demand. Given the data for January (below) use trend adjusted exponential smoothing to calculate F.I.T. for the month of February.
You are tasked to forecast demand. Given the data for January (below) use trend adjusted exponential smoothing to calculate "F.I.T." for the month of February. Assume the forecast smoothing coefficient alpha is 0.4 and the trend smoothing coefficient beta is 0.8.
| MONTH | CUSTOMER DEMAND DATA | |||||
| ACTUAL | FORECAST | TREND | ||||
| JAN | 193 | 201 | 6 | |||
The Forecast Including Trend is [FIT] units? (Round to nearest whole number, zero decimal places)
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