-Willow Company Had Sales of $100,000 Last Week

Multiple Choice

-Willow Company had sales of $100,000 last week. The company had forecasted that sales would be $120,000. Using exponential smoothing with a smoothing constant of 0.3, what is the forecast for this week's sales?

A) $114,000
B) $94,000
C) $106,000
D) $86,000
E) $100,000