menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Operations Management Study Set 4
  4. Exam
    Exam 3: Demand Forecasting
  5. Question
    Given an Actual Demand of 57,a Previous Forecast of 62,and
Solved

Given an Actual Demand of 57,a Previous Forecast of 62,and

Question 154

Question 154

Multiple Choice

Given an actual demand of 57,a previous forecast of 62,and an alpha of .3,what would the forecast for the next period be using simple exponential smoothing?


A) 36.9
B) 57.5
C) 60.5
D) 62.5
E) 65.5

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q34: A manager is using exponential smoothing to

Q63: Forecasts are rarely perfect.

Q149: The two most important factors in choosing

Q150: 11eab92b_c4ae_70fb_99e6_f136709b4c31 What are this and next year's

Q151: Professor Z needs to allocate time among

Q152: MAD is equal to the square root

Q153: A firm has been using the following

Q156: Simple exponential smoothing is being used to

Q157: A company is conducting long-term planning of

Q158: Given the following historical data,what is the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines