Instruction 14-9
The number of cases of merlot wine sold by a Barossa Valley Winery in an 8-year period follows.
$$\begin{array} { c c }
\text { Year }& \text { Cases of Wine } \
2003 & 270 \
2004& 356 \
2005 & 398 \
2006& 456 \
2007 & 358 \
2008 & 500 \
2009& 410 \
2010&376\
\end{array}$$
-Referring to Instruction 14-9,exponential smoothing with a weight or smoothing constant of 0.2 will be used to forecast wine sales.The forecast for 2011 is ________.

Question

Instruction 14-9
The number of cases of merlot wine sold by a Barossa Valley Winery in an 8-year period follows.
 $$\begin{array} { c c } 
\text { Year }& \text { Cases of Wine } \
2003 & 270 \
2004& 356 \
2005  & 398 \
 2006& 456 \
2007 & 358 \
2008 & 500 \
 2009& 410 \
2010&376\
\end{array}$$
-Referring to Instruction 14-9,exponential smoothing with a weight or smoothing constant of 0.2 will be used to forecast wine sales.The forecast for 2011 is ________.

Quizplus · Accepted Answer

The Answer of Instruction 14-9
The number of cases of merlot wine sold by a Barossa Valley Winery in an 8-year period follows.
 $$\begin{array} { c c } 
\text { Year }& \text { Cases of Wine } \
2003 & 270 \
2004& 356 \
2005  & 398 \
 2006& 456 \
2007 & 358 \
2008 & 500 \
 2009& 410 \
2010&376\
\end{array}$$
-Referring to Instruction 14-9,exponential smoothing with a weight or smoothing constant of 0.2 will be used to forecast wine sales.The forecast for 2011 is ________.

Instruction 14-9 the Number of Cases of Merlot Wine Sold

Instruction 14-9
the Number of Cases of Merlot Wine Sold