Multiple Choice
Assume that the forecast for the last period is FITt = 200 units, and recent experience suggests a likely sales increase of 10 units each period. Actual sales for the last period reached 230 units. Assume a smoothing coefficient of a = 0.20 and a trend smoothing coefficient of β = 0.10. What is the ADJUSTED forecast for the next period?
A) 210.0
B) 210.6
C) 216.6
D) 216.0
Correct Answer:

Verified
Correct Answer:
Verified
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