Question: table [ [ Period , Actual Sales Volume ] , [ 1 , 1 0 , 0 0 0 ] , [ 2 ,

\table[[Period,Actual Sales Volume],[1,10,000],[2,11,400],[3,14,550],[4,15,050],[5,17,250],[6,18,500],[7,15,700],[8,19,500],[9,22,200]]
Using Data Set A1, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast for period 4 is 14000. Use a smoothing constant of =0.4(Choose the closest answer.)
a.15,050
b.15,350
c.14,575
d.14,420
 \table[[Period,Actual Sales Volume],[1,10,000],[2,11,400],[3,14,550],[4,15,050],[5,17,250],[6,18,500],[7,15,700],[8,19,500],[9,22,200]] Using Data Set A1, what would be the

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!