Using the following demand data, initialize and build a model to forecast the demand for June.When the first 3 months are used to initial a simple exponential smoothing model, what is the base value made at the end of month 2 or the initialized forecast for March?
$$\begin{array} { | l | c | c | c | c | c | }
\hline \text { Month } & 1 & 2 & 3 & 4 & 5 \
\hline \text { Demand } & 50 & 25 & 60 & 20 & 80 \
\hline
\end{array}$$
A) 50
B) 37.5
C) 45
D) 25

Question

Using the following demand data, initialize and build a model to forecast the demand for June.When the first 3 months are used to initial a simple exponential smoothing model, what is the base value made at the end of month 2 or the initialized forecast for March?
$$\begin{array} { | l | c | c | c | c | c | } 
\hline \text { Month } & 1 & 2 & 3 & 4 & 5 \
\hline \text { Demand } & 50 & 25 & 60 & 20 & 80 \
\hline
\end{array}$$
A) 50
B) 37.5
C) 45
D) 25

Quizplus · Accepted Answer

The Answer is C

Using the Following Demand Data, Initialize and Build a Model