Jones Company had sales of $100,000 last week.The company had forecasted that sales would be $120,000.Using exponential smoothing with a smoothing constant of 0.2,what is the forecast for this week's sales?
A)$124,000
B)$116,000
C)$104,000
D)$112,000

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The Answer of Jones Company had sales of $100,000 last week.The company had forecasted that sales would be $120,000.Using exponential smoothing with a smoothing constant of 0.2,what is the forecast for this week's sales?
A)$124,000
B)$116,000
C)$104,000
D)$112,000

Jones Company Had Sales of $100,000 Last Week