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Basic data to consider: Previous month's Forecast and Trend (F/Tt1) is 109 Previous month's estimated Trend (Tt1) is 11 a (Alpha, the smoothing constant) is
Basic data to consider: Previous month's Forecast and Trend (F/Tt1) is 109 Previous month's estimated Trend (Tt1) is 11 a (Alpha, the smoothing constant) is 0.2 (Delta, the trend smoothing constant) is 0.3 Actual demand for the previous month (At1) is 117. Question: Calculate the forecast for June 2022(Ft) by using the following formula
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