Question: You work as a Forecast Analyst at Widcat Mountain Bikes and have been tasked with developing a demand forecast for a newly launched product. You

You work as a Forecast Analyst at Widcat Mountain Bikes and have been tasked with developing a demand forecast for a newly launched product. You know that the actual customer demand for the product in January was 195 units, the forecast for January was 202 units, and the trend in January was 5 units. Use trend adjusted exponential smoothing to determine a "F.I.T." for the month of February assuming that Widcat Mountain Bikes uses a forecast smoothing coefficient (alpha) is 0.4 and a trend smoothing coefficient (beta) is 0.7.

Widcat Mountain Bikes F.I.T. (Please round your answers to one decimal place.)

Step One: What is the Forecast for February? units

Step Two: What is the Trend for February?

units

Step Three: What is the Forecast Including Trend for February?

units

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