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1. Given the data shown below, use a 5 .2 and b 5 .4 to create a trend enhanced smoothing based forecast for period 7. Assume that FIT1 5 22 and T1 5 7.83.
2. Repeat problem 1 using a5 .4 and b5 .8. Which model gives a better approximation of the demand pattern for periods 1 through 6?
Text Book: Managing Operation Across the Supply Chain 2nd Edition.
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