Question: Baruch College data shows that demand for Apps Design 101 has been changing over the last 5 years: Year Actual Demand 1 5500 2 5700

Baruch College data shows that demand for Apps Design 101 has been changing over the last 5 years:

Year Actual Demand

1 5500

2 5700

3 6000

4 5900

5 5300

What is the exponentially smoothed forecast for year 6, with a smoothing constant alpha () of 0.4? Assume a forecast for year 4 (not for year 5) of 6300?

F _t+1 = (alpha)D_t+ (1-alpha) F_t

	a.	6279
	b.	5804
	c.	5632
	d.	5500

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