Table 11.5. -Use the Information in Table 11.5. Using the Exponential Smoothing

Multiple Choice

Table 11.5.


-Use the information in Table 11.5. Using the exponential smoothing method, with alpha equal to 0.2, what is the forecasted demand for November? Use an initial value for the forecast (July) equal to 277 units.

A) less than or equal to 260 units
B) greater than 260 but less than or equal to 275 units
C) greater than 275 but less than or equal to 285 units
D) more than 285 units