A large Portland manufacturer wants to forecast demand for a piece of pollution-control equipment. A review of past sales (A₂), as shown below, indicates that an increasing trend is present. Smoothing constants are assigned the values of a = 0.20 and B=0.4. The firm assumes the initial forecast for month 1 (F₁) was 11.00 units and the trend over that period T, was 2.00 units. Using trend-adjusted exponential smoothing, Forecasts (F₂), Trend (T₂), and Forecasts Including Trend (FIT) for months 1 through 6 have already been developed and are provided below. Continue with the process and determine F₁, T₁, and FIT, for months 7 through 9 (round your responses to two decimal places): Month Actual Demand (A₂) Trend (1) Forecast (F₂) Forecast Including Trend (FIT) (T₂₁) 1 12.0 11.00 2.00 13.00 2 18.0 12.80 1.92 14.72 3 23.0 15.38 2.18 17.56 4 18.0 18.65 2.62 21.27 5 22.0 20.62 2.36 22.98 6 22.0 22.78 2.28 25.06 7 32.0 8 26.0 9 36.0 caste 10 000
