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The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: Year 5 Years
The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: Year 5 Years ago 4 Years ago 3 Years ago 2 Years ago Last Year Enrollments 900 700 600 500 300 What is the forecast for this year using trend-adjusted (double) smoothing with alpha = 0.3 and beta = 0.2, if the forecast for last year was 310, the forecast for two years alo was 430, and the trend estimate for last year's forecast was -150?
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