Given an Actual Demand of 310, a Previous Forecast Value

question 48

Multiple Choice

Given an actual demand of 310, a previous forecast value of 299, and an alpha of .2, the exponential smoothing forecast for the next period would be

• A) 299.6.
• B) 297.4.
• C) 301.2.
• D) 307.8.
• E) 303.0.

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Definitions:

Guiding Principles

Fundamental beliefs or standards that drive behavior and decision-making within an individual or organization.

Minority Influence

The process by which a smaller number of individuals affects the opinions or behaviors of the larger group.

Convergent Thinking

Convergent Thinking is a problem-solving process that involves combining different ideas and knowledge to determine a single, correct solution to a problem.

Task Conflict

Occurs when team members have disagreements about the content and outcomes of the task being performed, potentially leading to creative problem-solving or tension.