Solved

The Business Analyst for Ace Business Machines,Inc α\alpha = 0 4,if the Forecast for Two Years Ago Was

Question 15

Multiple Choice

The business analyst for Ace Business Machines,Inc.wants to forecast this year's demand for manual typewriters based on the following historical data:
Time Period :Demand
5 years ago :900
4 years ago : 700
3 years ago : 600
2 years ago :500
Last year :300
-What is the forecast for this year using exponential smoothing with α\alpha = 0 4,if the forecast for two years ago was 750?


A) 163
B) 180
C) 300
D) 467
E) 510

Correct Answer:

verifed

Verified

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

Related Questions