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Suppose That Demand in Period 1 Was 7 Units and the Demand

Question 114

Multiple Choice

Suppose that demand in period 1 was 7 units and the demand in period 2 was 9 units. Assume that the forecast for period 1 was for 5 units. If the firm uses exponential smoothing with an alpha value of .20, what should be the forecast for period 3? (Round answers to two decimal places.)


A) 9.00
B) 3.72
C) 9.48
D) 5.00
E) 6.12

Correct Answer:

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