Alpha Company Sold 2,000 Widgets Yesterday

question 9

Multiple Choice

Alpha Company sold 2,000 widgets yesterday.It had forecasted sales of 1,900 units.Using exponential smoothing with a smoothing constant of 0.6,what is the forecast for today's sales of widgets?

• A)2,060
• B)1,940
• C)2,040
• D)1,960

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Definitions:

Babysitter

A person who temporarily cares for children on behalf of the children's parents or guardians.

Specific Phobia

An intense, irrational fear of a particular object, situation, or activity that poses little to no actual danger.

Classical Conditioning

The acquisition of knowledge through the connection between a stimulus found in one's surroundings and one that occurs innately.

Positive Reinforcement

The process of increasing the likelihood of a behavior by following it with a rewarding outcome.