Assume that the forecast for the last period is fitt 200, Operation Management

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Assume that the forecast for the last period is fitt 200

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 α = 0.20 and a trend smoothing coefficient of β = 0.10. What is the forecast for the next period?

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Operation Management: Assume that the forecast for the last period is fitt 200

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Operation Management: Assume that the forecast for the last period is fitt 200

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