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