Question: Table 6 - 1 . Actual Sales Data Time Period Actual Sales 1 3 4 5 2 3 7 8 3 4 2 5 4

Table 6-1. Actual Sales Data
Time Period Actual
Sales
1345
2378
3425
4450
5470
6500
7532
8548
9590
10625
11650
Refer to Table 6-1. Using the exponential smoothing model with an \alpha of 0.2 and a smoothed forecast for 1 period , what is the forecast for period 4?
a.
355
b.
385
c.
366
d.
349

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