Question: Question 12 (4 points) Tucson Machinery, Inc., manufactures numerically controlled machines (NCM), which sell for an average price of $0.5 million each. Sales for these

 Question 12 (4 points) Tucson Machinery, Inc., manufactures numerically controlled machines

Question 12 (4 points) Tucson Machinery, Inc., manufactures numerically controlled machines (NCM), which sell for an average price of $0.5 million each. Sales for these NCMs for the past two years were as shown below. Using a 6 quarter moving average, predict sales revenue for next year Q1. $ If the forecast for this year's Q4 was to sell 26 machines, using exponential smoothing with a smoothing constant the forecast be for the following quarter would be units QUARTER QUANTITY (UNITS) QUARTER QUANTITY (UNITS) Last Year 1 11 This Year 1 11 12 18 26 16 16 24 28 18 IV IV Blank 1: blank 2

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