SCENARIO 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows. $$\begin{array}{l}
\text { Year Cases of Wine }\
\begin{array} { l l }
2005 & 270 \
2006 & 356 \
2007 & 398 \
2008 & 456 \
2009 & 358 \
2010 & 500 \
2011 & 410 \
2012 & 376
\end{array}
\end{array}$$
-Referring to Scenario 16-4, exponential smoothing with a weight or smoothing constant of
0.4 will be used to smooth the wine sales. The value of E5, the smoothed value for 2009 is
__________.

Question

SCENARIO 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows. $$\begin{array}{l}
\text { Year Cases of Wine }\
\begin{array} { l l } 
2005 & 270 \
2006 & 356 \
2007 & 398 \
2008 & 456 \
2009 & 358 \
2010 & 500 \
2011 & 410 \
2012 & 376
\end{array}
\end{array}$$
-Referring to Scenario 16-4, exponential smoothing with a weight or smoothing constant of
0.4 will be used to smooth the wine sales. The value of E5, the smoothed value for 2009 is
__________.

Quizplus · Accepted Answer

The Answer of SCENARIO 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows. $$\begin{array}{l}
\text { Year Cases of Wine }\
\begin{array} { l l } 
2005 & 270 \
2006 & 356 \
2007 & 398 \
2008 & 456 \
2009 & 358 \
2010 & 500 \
2011 & 410 \
2012 & 376
\end{array}
\end{array}$$
-Referring to Scenario 16-4, exponential smoothing with a weight or smoothing constant of
0.4 will be used to smooth the wine sales. The value of E5, the smoothed value for 2009 is
__________.

SCENARIO 16-4 the Number of Cases of Merlot Wine Sold

SCENARIO 16-4
the Number of Cases of Merlot Wine Sold