Given an actual demand of 105, a forecasted value of 97, and an alpha of .4, the simple exponential smoothing forecast for the next period would be:
A) 80.8.
B) 93.8.
C) 100.2.
D) 101.8.
E) 108.2.

Question

Given an actual demand of 105, a forecasted value of 97, and an alpha of .4, the simple exponential smoothing forecast for the next period would be:
A) 80.8.
B) 93.8.
C) 100.2.
D) 101.8.
E) 108.2.

Quizplus · Accepted Answer

The Answer of Given an actual demand of 105, a forecasted value of 97, and an alpha of .4, the simple exponential smoothing forecast for the next period would be:
A) 80.8.
B) 93.8.
C) 100.2.
D) 101.8.
E) 108.2.

Given an Actual Demand of 105, a Forecasted Value of 97