Question: Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.90 and a starting forecast of 420.00 are (round your responses to

Forecasted sales for years 2006 through 2010 using exponential smoothing with a = 0.90 and a starting forecast of 420.00 are (round your responses to two decimal place 2006 2007 2008 2009 2010 Year Forecasted Sales 2005 420.00 Sales of Volkswagen's popular Beetle have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Using exponential smoothing with a smoothing constant (a) of 0.30 and a starting forecast of 420.00, the following sales forecast has been developed: Year Sales 2005 2006 2007 2008 2009 460 495 516 563 585 Forecasted Sales 420.00 432.00 450.90 470.43 498.20

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