Solved

Using a Simple Exponential Smoothing Model (Alpha = 0

Question 22

Multiple Choice

Using a simple exponential smoothing model (alpha = 0.3) ,calculations for the most recent period generated a forecast of 25.10 units.Actual demand for that period was 31 units.What is the forecast of demand for the upcoming period?


A) 26.28
B) 26.87
C) 29.23
D) None of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions