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A manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. At the end of December, the company wishes to forecast sales for January. The estimate of trend through November has been 160 additional boards sold per month. Average sales have been around 1,040 units per month. The demand for December was 1,320 units. The company uses α = 0.25 and β = 0.10. Make a forecast including trend for the month of January.
The level of the series is
enter a number of units
units
The trend is
The forecast including trend is
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