In case that no base value or trend was provided

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Reference no: EM131709285

Edsel Muffler, Inc., showed the following sales figures for its stainless steel muffler, Rusty, over the past five months:

Month Sales

August 220

September 240

October 180

November 200

December 160

a. Assume the base value at the end of November was 215 units and the trend value was -25. What would be the forecast for the following February made at the end of December (α=0.2, β=0.4)

b. In case that no base value or trend was provided to you, what would be the forecast for the following February made at the end of December (α=0.2, β=0.4).

Reference no: EM131709285

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