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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 73

Multiple Choice

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 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    -Calculate the sales forecast (in 000's) for the 4<sup>th</sup> quarter of year 9. A) approximately 160 units B) approximately 170 units C) approximately 150 units D) approximately 140 units
-Calculate the sales forecast (in 000's) for the 4th quarter of year 9.


A) approximately 160 units
B) approximately 170 units
C) approximately 150 units
D) approximately 140 units

Correct Answer:

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