Data Set E1 -Using Data Set E1,what Would Be the Forecast for Period

question 24

Multiple Choice

Data Set E1
$$\begin{array} { c c } \text { Periqd } &\text { Sales Volume } \\1 & 10000\\2 & 12400\\3 & 14250 \\4 & 15750 \\5 & 20500 \\6 & 18500\\7 &15750 \\8 & 20500 \\9 & 21500\\10&22550\end{array}$$

-Using Data Set E1,what would be the forecast for period 6 using the exponential smoothing method? Assume the forecast for period 5 is 14000.Use a smoothing constant of a = 0.4 (Choose the closest answer.)

• A) 14575
• B) 26100
• C) 16600
• D) 19700

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Definitions:

MgBr

Magnesium bromide, a chemical compound used as a reagent in organic synthesis, particularly in Grignard reactions.

7-Methyl-2-octanone

A ketone where the ketone group is positioned at the second carbon of an octane chain that has a methyl group attached to its seventh carbon.

Reagents

Agents or compounds inserted into a system with the purpose of starting a chemical reaction or assessing whether a reaction takes place.

Heptanoic Acid

A saturated fatty acid with the chemical formula C7H14O2, known for its odorous characteristic and usage in the synthesis of esters for fragrances.