Forecasting problem-assume previous period forecast

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Forecasting Problem Assume a previous period forecast including trend of 100 units, a previous trend estimate of 15 units, an alpha of .20 and a delta of .25. If actual demand turned out to be 110 units rather than the forecast of a 100 units for period, calculate the forecast including trend for the next period. Please show all steps

Reference no: EM131133787

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