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 α = 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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The Answer of 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 α = 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

Assume That the Forecast for the Last Period Is FITt

Assume That the Forecast for the Last Period Is FIT_t