Question: If we use a simple exponential smoothing method with =0.3, 11=100 and 12=120, what is your forecast for next year? A. 120 B. 126 C.

If we use a simple exponential smoothing method with =0.3, 11=100 and 12=120, what is your forecast for next year?
A. 120
B. 126
C. 128
D. None of the above
10. Which one is NOT part of the reasons to keep inventory?
A. To allow flexibility in production scheduling
B. To meet variation in product demand
C. To maintain dependence of operations
D. To provide a safeguard for variation in raw material delivery time

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