An initial exponentially smoothed forecast

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Reference no: EM13789633

The following table contains the demand from the last 10 months: MONTH ACTUAL DEMAND 1 29 2 32 3 33 4 38 5 42 6 36 7 45 8 47 9 48 10 45 Calculate the exponential smoothing with trend forecast for these data using an α of 0.20, a formula5.mml of 0.30, an initial trend forecast (T1) of 1.00, and an initial exponentially smoothed forecast (F1) of 28. (Round your answers to 2 decimal places.)

Reference no: EM13789633

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