The following table shows the sales data of a particular model of a DVD player. If the
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Question:
The following table shows the sales data of a particular model of a DVD player. If the forecast sales for May is 36.25, calculate the sales forecast for July using the simple exponential smoothing (SES) model with a smoothing constant of 0.40.
Month | Sales |
Jan | 35 |
Feb | 29 |
Mar | 39 |
Apr | 42 |
May | 51 |
Jun | 56 |
a. | The sales forecast for July is more than 30 but less than or equal to 35. | |
b. | The sales forecast for July is more than 35 but less than or equal to 40. | |
c. | The sales forecast for July is more than 40 but less than or equal to 50. | |
d. | The sales forecast for July is more than 50 but less than or equal to 55. |
Related Book For
Corporate Financial Accounting
ISBN: 978-1305653535
14th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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