Create a trend enhanced smoothing based forecast for period

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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.

Period:	1	2	3	4	5	6
Demand:	19	33	37	49	52	60

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 2^nd Edition.

Reference no: EM13897042

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