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The Owner of Darkest Tans Unlimited in a Local Mall

Question 12

Multiple Choice

The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:  Month  Number of Visits  April 100 May 140 June 110 July 150 August 120 September 160\begin{array} { | l | c | } \hline { \text { Month } } & \text { Number of Visits } \\\hline \text { April } & 100 \\\hline \text { May } & 140 \\\hline \text { June } & 110 \\\hline \text { July } & 150 \\\hline \text { August } & 120 \\\hline \text { September } & 160 \\\hline\end{array}
What is this month's forecast using exponential smoothing with alpha = .2, if August's forecast was 145?


A)  144
B)  140
C)  142
D)  148
E)  163

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