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The demand for Krispee Crunchies, a favorite breakfast cereal of people born in the 1 9 4 0 s , is experiencing a decline. The

The demand for Krispee Crunchies, a favorite breakfast cereal of people born in the 1940s, is experiencing a decline. The company wants to monitor demand for this product closely as it nears the end of its life cycle. The trend-adjusted exponential smoothing method is used with \alpha =0.4 and \beta =0.8. Assume that the January estimate for the average number of cases sold per month, F_jan, was 850,000 and the trend, T_jan, was -30000 per month. The following table shows the actual sales history for Jan, Feb, and Mar.
Generate forecast (Forecast Including Trend, FIT) for January, February and March.|
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