The owner of Leisure Boutique in a local mall is forecasting this month's (October's)demand for one of her best-selling products based on the following historical data: What is this month's forecast using exponential smoothing with alpha = .2,if August's forecast was 145?
A)144
B)140
C)142
D)148
E)163

Question

The owner of Leisure Boutique in a local mall is forecasting this month's (October's)demand for one of her best-selling products based on the following historical data:  What is this month's forecast using exponential smoothing with alpha = .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 Leisure Boutique in a local mall is forecasting this month's (October's)demand for one of her best-selling products based on the following historical data:  What is this month's forecast using exponential smoothing with alpha = .2,if August's forecast was 145?
A)144 
B)140 
C)142 
D)148 
E)163

The Owner of Leisure Boutique in a Local Mall Is