The Business Analyst for Ace Business Machines,Inc

question 54

Multiple Choice

The business analyst for Ace Business Machines,Inc.wants to forecast this year's demand for manual typewriters based on the following historical data: What is the forecast for this year using trend adjusted (double) smoothing with alpha(1) = 0.3 and alpha(2) = 0.2,if the forecast for last year was 31,the forecast for two years ago was 43,and the trend estimate for last year's forecast was -15?

• A)16.6
• B)180
• C)300
• D)400
• E)510

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Definitions:

Lepidodendron

An extinct genus of tree-like plants from the Carboniferous period, often referred to as "scale trees".

Oak-Yew Clade

A group within the Plantae kingdom that includes both the oak and yew families, representing an evolutionary lineage.

Anthropoids

A group of primates that includes monkeys, apes, and humans, characterized by larger brains and more complex behavior compared to other primates.

Valid Taxonomic Group

A group of organisms recognized by taxonomists to form a category in the hierarchy of biological classification.