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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 78

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods.
Given: α = 0.7 and β = 0.3
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods. Given: α = 0.7 and β = 0.3    -What is the approximate sales forecast (in 000's) for the 3<sup>rd</sup> quarter of year 8? A) 120 units B) 218 units C) 189 units D) 196 units
-What is the approximate sales forecast (in 000's) for the 3rd quarter of year 8?


A) 120 units
B) 218 units
C) 189 units
D) 196 units

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