Create trend enhanced smoothing based forecast

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Reference no: EM131397381

Given the data shown below, use α = .2 and β = .4 to create a trend enhanced smoothing based forecast for period 7. Assume that FIT1 = 22 and T1 = 7.83. (Round your intermediate calculations and final answer to 1 decimal place.)

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

Reference no: EM131397381

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Create trend enhanced smoothing based forecast : Given the data shown below, use α = .2 and β = .4 to create a trend enhanced smoothing based forecast for period 7. Assume that FIT1 = 22 and T1 = 7.83.

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