The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's)demand for the one new tanning booth based on the following historical data:

What is this month's forecast using exponential smoothing with alpha = 0.2, if August's forecast was 145?
A)144
B)140
C)142
D)148
E)163

Question

The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's)demand for the one new tanning booth based on the following historical data:

What is this month's forecast using exponential smoothing with alpha = 0.2, if August's forecast was 145?
A)144 
B)140 
C)142 
D)148 
E)163

Quizplus · Accepted Answer

The Answer of The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's)demand for the one new tanning booth based on the following historical data:

What is this month's forecast using exponential smoothing with alpha = 0.2, if August's forecast was 145?
A)144 
B)140 
C)142 
D)148 
E)163

The Owner of Darkest Tans Unlimited in a Local Mall