Given an Actual Demand This Period of 61,a Forecast for This

question 22

Multiple Choice

Given an actual demand this period of 61,a forecast for this period of 58,and an alpha of 0.3,what would the forecast for the next period be using exponential smoothing?

• A)45.5
• B)57.1
• C)58.9
• D)61.0
• E)65.5

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Definitions:

Essential Feature

A core characteristic or component that is necessary for the function or identity of something.

Trade Name

The commercial name under which a company does business, distinguishing itself from others.

Exclusive Right

A privilege or license granted to an individual or entity to be the sole provider or beneficiary of a particular service or product.

North America

A continent located entirely in the Northern Hemisphere and almost entirely within the Western Hemisphere; it includes countries such as Canada, the United States, and Mexico.