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Tough Face, a manufacturer of rock-climbing gear, been enjoying steady growth of it very reliable and colourful carabineer products. Using the following sales history, calculate the trend-adjusting exponential smoothing forecast for the next three years. the growth trend appears to be 150 cases, %u221D =0.75, and %u03B2= 0.85.
Year1 250
Year 2 369
Year 3 507
Year 4 658
Year 5 903
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Using the data, suppose the manufacturer has an inflated demand forecast as follows: Quantity Probability 2,200 5% 2,300 6% 2,400 10% 2,500 17% 2,600 30% 2,700
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