Question: Data Set E1 Period Sales Volume 1 10000 2 12400 3 14250 4 15750 5 20500 6 18500 7 15750 8 20500 9 21500 10
Data Set E1
| Period | Sales Volume |
| 1 | 10000 |
| 2 | 12400 |
| 3 | 14250 |
| 4 | 15750 |
| 5 | 20500 |
| 6 | 18500 |
| 7 | 15750 |
| 8 | 20500 |
| 9 | 21500 |
| 10 | 22550 |
Using Data Set E1, what would be the forecast for period 6 using the exponential smoothing method? Assume the forecast for period 5 is 14000. Use a smoothing constant of = 0.4 (Choose the closest answer.)
Select one:
a.
14575
b.
26100
c.
16600
d.
19700
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