A company keeps track of unit sales and notes a strong trend during the past eight periods.They use an adjusted exponential smoothing model with an alpha equal to 0.7 and a beta equal to 0.6.Using the demand data and previous forecasts shown in the table,develop a forecast for period 4.
A)82.2
B)84.9
C)87.5
D)91.6

Question

A company keeps track of unit sales and notes a strong trend during the past eight periods.They use an adjusted exponential smoothing model with an alpha equal to 0.7 and a beta equal to 0.6.Using the demand data and previous forecasts shown in the table,develop a forecast for period 4. 
A)82.2 
B)84.9 
C)87.5 
D)91.6

Quizplus · Accepted Answer

The Answer of A company keeps track of unit sales and notes a strong trend during the past eight periods.They use an adjusted exponential smoothing model with an alpha equal to 0.7 and a beta equal to 0.6.Using the demand data and previous forecasts shown in the table,develop a forecast for period 4. 
A)82.2 
B)84.9 
C)87.5 
D)91.6

A Company Keeps Track of Unit Sales and Notes a Strong