Multiple Choice
The Wilson Company is interested in forecasting demand for its XG-667 product for quarter 13 based on 12 quarters of data. The following shows the data and the double exponential smoothing model results for periods 1-12 using alpha = 0.20 and beta = 0.40 
Based on this information, what is the difference between the forecast for period 13 using smoothing constants of alpha = 0.20 and beta = 0.40 and smoothing constants of alpha = 0.10 and beta = 0.30? (Assume that the starting values for period 0 are C = 745 and T = 32.)
A) About 108 units
B) Approximately 9 units
C) Just under 32 units
D) About 85 units
Correct Answer:
Verified
Correct Answer:
Verified
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