The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:

What is the forecast for this year using trend-adjusted (double)smoothing with alpha = 0.3 and beta = 0.2, if the forecast for last year was 310, the forecast for two years ago was 430, and the trend estimate for last year's forecast was −150?
A)162.4
B)180.3
C)301.4
D)403.2
E)510.0

Question

The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:

What is the forecast for this year using trend-adjusted (double)smoothing with alpha = 0.3 and beta = 0.2, if the forecast for last year was 310, the forecast for two years ago was 430, and the trend estimate for last year's forecast was −150?
A)162.4 
B)180.3 
C)301.4 
D)403.2 
E)510.0

Quizplus · Accepted Answer

The Answer of The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:

What is the forecast for this year using trend-adjusted (double)smoothing with alpha = 0.3 and beta = 0.2, if the forecast for last year was 310, the forecast for two years ago was 430, and the trend estimate for last year's forecast was −150?
A)162.4 
B)180.3 
C)301.4 
D)403.2 
E)510.0

The Business Analyst for Video Sales, Inc