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A company uses exponential smoothing with trend to forecast monthly sales of its product, which show a trend pattern. At the end of week 5
A company uses exponential smoothing with trend to forecast monthly sales of its product, which show a trend pattern. At the end of week 5 , the company wants to forecast sales for week 6 . The trend through week 4 has been 23 additional cases sold per week. Average sales have been 103 cases per week. The demand for week 5 was 108 cases. The company uses =0.20 and =0.15. Make a forecast including trend for week 6. (Round your answers to 2 decimal places, e.g. 2.36.) The smoothing of the level of the series is The smoothing of the trend is The forecast including the trend is
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