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The ABC company wants to develop a sales forecast for a fast - selling new product line it has introduced, in order to help plan

The ABC company wants to develop a sales forecast for a fast-selling new product
line it has introduced, in order to help plan future production. The following
information has been gathered by the marketing department. The past weekly
average is 4,200 and the trend has been 250 additional units per week. This week's
demand was 4,600 units. Using trend adjusted exponential smoothing, estimate
the forecasted sales for next week (Assume \alpha =0.20 and \beta =0.40).

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