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The customer demand for a particular smart phone during Year 1 to Year 5 is given as 1,032,000, 1,093,000, 1,024,000, 1,066,000 and 1,072,000. Using the
The customer demand for a particular smart phone during Year 1 to Year 5 is given as 1,032,000, 1,093,000, 1,024,000, 1,066,000 and 1,072,000. Using the Holt forecasting model with trend what is the forecasted demand in year 10, where w = 0.4 and v = 0.5?
A. 1,077,488
B. 1,071,874
C. 1,075,573
D. 1,083,816
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