Data Set E1 -Using Data Set E1,what Would Be the Forecast for Period

Multiple Choice

Data Set E1
$$\begin{array} { c c } \text { Periqd } &\text { Sales Volume } \\1 & 10000\\2 & 12400\\3 & 14250 \\4 & 15750 \\5 & 20500 \\6 & 18500\\7 &15750 \\8 & 20500 \\9 & 21500\\10&22550\end{array}$$

-Using Data Set E1,what would be the forecast for period 6 using the exponential smoothing method? Assume the forecast for period 5 is 14000.Use a smoothing constant of a = 0.4 (Choose the closest answer.)

A) 14575
B) 26100
C) 16600
D) 19700