Exhibit 11.3 The Following Questions Use the Data Below

Multiple Choice

Exhibit 11.3
The following questions use the data below.
Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using exponential smoothing.
-Refer to Exhibit 11.3. Assume the forecasted value for month 13 is 79.64. What is the forecasted value for month 16?

A) 85.54.
B) 83.64.
C) 79.64.
D) 82.00.