Question: Given the dataset below, what is the 2021 forecast using exponential smoothing with smoothing constant = 0.25, if 2018 smoothed forecast was 45? Year Demand

Given the dataset below, what is the 2021

Given the dataset below, what is the 2021 forecast using exponential smoothing with smoothing constant = 0.25, if 2018 smoothed forecast was 45? Year Demand Volume 2013 7 2014 28 2015 21 2016 42 2017 35 2018 56 2019 57 2020 58 Select one: O a. 51 O b. 52.05 O c. 49.30 O d. 59 O e. 47.75

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!