What is this years forecast using trend-adjusted double


Time Period        Demand

7 years ago           7

6 years ago           28

5 years ago           21

4 years ago           42

3 years ago           35

2 years ago           56

Last Year              49

What is this year's forecast using trend-adjusted (double) smoothing with alpha = .2 and beta = .1, if the forecast for last year was 56 the forecast for two years ago was 46, and the trend estimate for last year's forecast was 7?

Request for Solution File

Ask an Expert for Answer!!
Business Management: What is this years forecast using trend-adjusted double
Reference No:- TGS02597026

Expected delivery within 24 Hours