What is this month's forecast using exponential smoothing with alpha = .2, if August's forecast was 145?
A)144
B)140
C)142
D)148
E)163

Name: What is this month's forecast using exponential smoothing with alpha = .2, if August's forecast was 145? A)144 B)140 C)142 D)148 E)163
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Quizplus · Accepted Answer

Exponential smoothing forecast for September = August's forecast + alpha * (August's actual - August's forecast). Without the actual value for August, we assume the forecast remains the same, so it is 145.

What Is This Month's Forecast Using Exponential Smoothing with Alpha