Multiple Choice
The Zocor Company is interested in forecasting period 13 sales for a product. It has 12 months of historical data. The following shows the data and the forecasted values for periods 1-12 using a single exponential smoothing model with a smoothing constant value equal to 0.20. 
Which of the following would be the forecast for period 13?
A) 40.3
B) 39.2
C) 34.7
D) 36.5
Correct Answer:
Verified
Correct Answer:
Verified
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