Given that all other factors are equal, which of the following arms will have the lowest expected interest rate? a. an arm with payment caps and negative amortization b. an arm with interest rate caps (no) c. an arm with longer adjustment interval d. an arm with no caps or limitations

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer(d) all of the choices are correct;