Given an Actual Demand of 103, a Previous Forecast Value

question 125

Multiple Choice

Given an actual demand of 103, a previous forecast value of 99, and an alpha of .4, the exponential smoothing forecast for the next period would be

• A) 94.6
• B) 97.4
• C) 100.6
• D) 101.6
• E) 103.0

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Definitions:

Curved Line

a line that continuously moves away from a straight direction but does not change in its degree of curvature.

Inclusive Language

The deliberate selection and use of vocabulary that avoids the exclusion of particular groups and that avoids the use of false generic terms (Canadian Race Relations Foundation, 2017).

Female Professor

A woman who holds a professorship at a college or university, engaged in teaching and often involved in research in her field of expertise.

Cross-Cultural Sensitivity

The ability to understand and appreciate cultural differences and to interact effectively with people from diverse backgrounds.