Forecast using trend-adjusted

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Reference no: EM131801515

Time Period Demand

7 years ago 7

6 years ago 28

5 years ago 21

4 years ago 42

3 years ago 35

2 years ago 56

Last Year 49

What is this year's forecast using trend-adjusted (double) smoothing with alpha = .2 and beta = .1, if the forecast for last year was 56 the forecast for two years ago was 46, and the trend estimate for last year's forecast was 7?

Reference no: EM131801515

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