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Use exponential smoothing with trend adjustment to forecast demand for period 11. Let = 0.5, = 0.3, and let the initial trend value be 12
Use exponential smoothing with trend adjustment to forecast demand for period 11. Let = 0.5, = 0.3, and let the initial trend value be 12 and the initial forecast be 200.
| Period | Actual Demand |
| 1 | 200 |
| 2 | 212 |
| 3 | 214 |
| 4 | 222 |
| 5 | 236 |
| 6 | 221 |
| 7 | 240 |
| 8 | 244 |
| 9 | 250 |
| 10 | 266 |
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Strategic Management
Authors: John A. Pearce II , Richard B. Robinson
12th Edition
007128950X, 978-0071289504
