for tutorhelp only

for tutorhelp only

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 200
additional boards sold per month. Average sales have been around
1000 units per month. The demand for December was 1100 units. The
company uses α = 0.20 and β = 0.10. Make a forecast including trend
for the month of January.

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