Online-MBA is an online university that allows students to get credit for various online courses they have taken, as long as they come to campus for a six-week intense boot camp. Demand for this program is quickly increasing. For the last six months, monthly applications were 345, 412, 480, 577, 640, and 711. Using a forecast for the first month of 250, an initial trend forecast of 50, and smoothing parameters of 0.2 for the demand smoothing and 0.5 for the trend smoothing, forecast the demand for the next year using double exponential smoothing.

So, the forecast for the next period is 776.8.