Given the following data,use exponential smoothing (α = .2)to develop a demand forecast for period 3.Assume the forecast for the initial period is 5.What is the forecast?

A)9.00
B)3.72
C)9.48
D)5.00
E)6.12

Question

Given the following data,use exponential smoothing (α = .2)to develop a demand forecast for period 3.Assume the forecast for the initial period is 5.What is the forecast?

A)9.00 
B)3.72 
C)9.48 
D)5.00 
E)6.12

Quizplus · Accepted Answer

The Answer of Given the following data,use exponential smoothing (α = .2)to develop a demand forecast for period 3.Assume the forecast for the initial period is 5.What is the forecast?

A)9.00 
B)3.72 
C)9.48 
D)5.00 
E)6.12

Given the Following Data,use Exponential Smoothing (α =