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b.Use trend-adjusted smoothing with =.2 and =.1 to smooth the new account data in part a. What is the forecast for period 16 ? Compute
b.Use trend-adjusted smoothing with =.2 and =.1 to smooth the new account data in part a. What is the forecast for period 16 ? Compute the initial trend estimate (Tt) for Period 5 as follows: (Period 4 data - Period 1 data) /3. Then compute the initial trendadjusted forecast (TAFt ) for Period 5 as follows: Period 4data+ Initial trend estimate for Period 5 . Then compute all remaining values (including the St value for Period 5) using the textbook formulas or Excel template. (Round the "Trend"values ( Tt ) to 3 decimal places and all other intermediate forecast values (TAFt and St) to 2 decimal places. Round your final answer to 2 decimal places.)
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