An Operation Analyst Is Forecasting This Year's Demand for One

Multiple Choice

An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: What is this year's forecast using exponential smoothing with alpha = .2,if last year's smoothed forecast was 15,000?

A) 20,000
B) 19,000
C) 17,500
D) 16,000
E) 15,000