THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods.
Given: α = 0.7 and β = 0.3
-The sales forecast for the 4th quarter of year 7 is approximately ________ in 000's.
A) 120 units
B) 218 units
C) 189 units
D) 196 units
Correct Answer:
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