Using the Holts exponential smoothing method, complete the following table for Year 4 where = 0.1

Using the Holts exponential smoothing method, complete the following table for Year 4 where α = 0.1 and β = 0.2.

Year		Lt	Tt	Ft
1	78,000
2	89,000	78,000	11,000
3	98,000	89,900	11,180	89,000
4	115,000	?	11,458.40	101,080

Multiple Choice

• 103,864

• 102,472

• 104,510.8

• 
  

•  Using the Holt exponential smoothing method, complete the following table for Year 3 where α = 0.1 and β = 0.2.

  Year		Lt	Tt	Ft
  1	78,000
  2	89,000	78,000	11,000
  3	98,000	89,900	?	89,000

• 6,680

• 8,980

• 8,680

• 11,180

• 
  

 Mary is determining the maximum quantity given the seasonality is constant. If the coefficients are 112t and −23.4502t² in a quadratic model, what is the maximum quantity that can be reached?

• 4.78

• 0.015

• 9.10

• 2

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