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Assume That the Forecast for the Last Period Is FITt

question 44

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Assume that the forecast for the last period is FITt = 200 units,and recent experience suggests a likely sales increase of 10 units each period.Actual sales for the last period reached 230 units.Assuming a smoothing coefficient of α = 0.20 and a trend smoothing coefficient of β = 0.10,what is the BASE forecast for the next period?


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