-Willow Company had sales of $100,000 last week. The company had forecasted that sales would be $120,000. Using exponential smoothing with a smoothing constant of 0.3, what is the forecast for this week's sales?
A)$114,000
B)$94,000
C)$106,000
D)$86,000
E)$100,000

Question

-Willow Company had sales of $100,000 last week. The company had forecasted that sales would be $120,000. Using exponential smoothing with a smoothing constant of 0.3, what is the forecast for this week's sales?
A)$114,000 
B)$94,000 
C)$106,000 
D)$86,000 
E)$100,000

Quizplus · Accepted Answer

The Answer of 
-Willow Company had sales of $100,000 last week. The company had forecasted that sales would be $120,000. Using exponential smoothing with a smoothing constant of 0.3, what is the forecast for this week's sales?
A)$114,000 
B)$94,000 
C)$106,000 
D)$86,000 
E)$100,000

-Willow Company Had Sales of $100,000 Last Week