Question
A large Portland manufacturer wants to forecast demand for a piece of pollution-control equipment. A review of pest sales (A), as shown below, indicates
A large Portland manufacturer wants to forecast demand for a piece of pollution-control equipment. A review of pest sales (A), as shown below, indicates that an increasing trend is present. Smoothing constants are assigned the values of 0.20 and 04. The tom assumes the initial forecast for month 1 (F) was 13.00 units and the trend over that period 7, was 2.00 units Using trend-adjusted exponential smoothing Forecasts (,). Trend (7), and Forecasts Including Trend (97) for months 1 brough 4 have aready been developed and are provided below Continue with the process and determine F. Te and FIT, for months 5 and 6 pound your responses to walls) Month Actual Demand Forecast Trend 00 (A) (F) (T) Forecast Including Trend (FIT) 14.0 13.00 2.00 15.00 2 180 14.00 192 16.72 200 10.00 2.02 19.00 4 190 19.20 2.10 21.30 5 220 220 7 31.0 28.0 36.0 10
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