Solved

Given an Actual Demand of 61, Forecast of 58, and An \alpha

Question 13

Multiple Choice

Given an actual demand of 61, forecast of 58, and an α\alpha of .3, what would the forecast for the next period be using simple exponential smoothing?


A) 57.1
B) 58.9
C) 61.0
D) 65.5

Correct Answer:

verifed

Verified

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

Related Questions

Q8: All of the following are true about

Q9: All of the following are true about

Q11: Below you are given information on crime

Q15: The number of new central air conditioning

Q16: The sales records of a major auto

Q18: Exhibit 17-2<br>Consider the following time series. <img

Q30: All of the following are true about

Q33: A method that uses a weighted average

Q37: Using exponential smoothing, the demand forecast

Q58: A group of observations measured at successive