The Following Table Represents the New Members That Have Been

Multiple Choice

The following table represents the new members that have been acquired by a fitness center. Assuming α = 0.3, β = 0.4, an initial forecast of 40 for January, and an initial trend adjustment of 0 for January, use exponential smoothing with trend adjustment to come up with a forecast for May on new members.

A) 58.57
B) 63.23
C) 52.25
D) 55.81