Lucidate how will this influence decision

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Q. Use trend-adjusted exponential smoothing to forecast law firm's August income. Assume which initial forecast for February is $65,000 also initial trend adjustment is 0. Smoothing constants selected are α =0.1 & β = 0.2.

Q. This is a long-term, strategic decision; illustrate what factors might change in next 10 to 20 years? Elucidate how will this influence decision?

Reference no: EM1376797

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Lucidate how will this influence decision : This is a long-term, strategic decision; illustrate what factors might change in next 10 to 20 years. Elucidate how will this influence decision.

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