Assume That the Forecast for the Last Period Is FIT_t

question 26

Multiple Choice

Assume that the forecast for the last period is FIT_t = 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 a = 0.20 and a trend smoothing coefficient of β = 0.10, what is the BASE forecast for the next period?

• A)210
• B)206
• C)236
• D)226

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