Assume an initial starting Ft of 306 units, a trend (T) of eight units, an alpha of 0.20, and a delta of 0.40. If actual demand turned out to be 294, calculate the forecast for the next period. (Round your answer to 1 decimal place.)

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Assume an initial starting Ft of 306 units, a trend (Tt) of eight units,
an alpha of 0.20, and a delta of 0.40. If actual demand turned out
to be 294, calculate the forecast for the next period. (Round your
answer to 1 decimal place.)
Forecast for the next period
units
Transcribed Image Text:Assume an initial starting Ft of 306 units, a trend (Tt) of eight units, an alpha of 0.20, and a delta of 0.40. If actual demand turned out to be 294, calculate the forecast for the next period. (Round your answer to 1 decimal place.) Forecast for the next period units
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