What Is the Forecast for This Year Using Trend Adjusted

question 61

Multiple Choice

What is the forecast for this year using trend adjusted (double) smoothing with alpha = 0.3 and beta = 0.2, if the forecast for last year was 310, the forecast for two years ago was 430, and the trend estimate for last year's forecast was -150?

• A)162.4
• B)180.3
• C)301.4
• D)403.2
• E)510.0

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