Table 8.7 a Sales Manager Wants to Forecast Monthly Sales of the of the Machines

Multiple Choice

Table 8.7
A sales manager wants to forecast monthly sales of the machines the company makes using the following monthly sales data.

-Use the information in Table 8.7. If the forecast for period 7 is $4,300, what is the forecast for period 9 using exponential smoothing with an alpha equal to 0.30?

A) $4,300
B) $4,342
C) $4,158
D) $3,957