MANAGEMENT 6040-A car dealer in Big Rapids, Michigan is using Holt’s

MANAGEMENT 6040-A car dealer in Big Rapids, Michigan is using Holt’s

Subject: Business    / Management
Question

A car dealer in Big Rapids, Michigan is using Holt’s method to forecast weekly car sales. Currently

the level is estimated to be 40 cars per week, and the trend is estimated to be 5 cars per week.

Duringthe current week, 20 cars are sold. After observing the current week’s sales, forecast the number of cars three weeks from now.