Use exponential smoothing with trend adjustment to forecast demand for period 11. Let α = 0.5, β= 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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Use exponential smoothing with trend adjustment to forecast demand for period 11. Let α = 0.5, β= 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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