Compute the initial trend estimate for period

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Period New Accounts Period New Accounts Period New Accounts 1 200 6 236 11 281 2 216 7 245 12 275 3 211 8 250 13 283 4 225 9 256 14 288 5 235 10 267 15 315 Use trend-adjusted smoothing with α = .2 and β = .1 to smooth the new account data in part a. What is the forecast for period 16? Compute the initial trend estimate (Tt) for Period 5 as follows: (Period 4 data – Period 1 data) / 3. Then compute the initial trend-adjusted forecast (TAFt) for Period 5 as follows: Period 4 data + Initial trend estimate for Period 5. Then compute all remaining values (including the St value for Period 5) using the textbook formulas or Excel template.

Reference no: EM132287767

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