It Is Now near the End of May and You

question 126

Multiple Choice

It is now near the end of May and you must prepare a forecast for June for a certain product.The forecast for May was 900 units.The actual demand for May was 1000 units.You are using the exponential smoothing method with ? = 0.20.The forecast for June is

• A) less than 925 units.
• B) greater than or equal to 925 units but less than 950 units.
• C) greater than or equal to 950 units but less than 1000 units.
• D) greater than or equal to 1000 units.

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Definitions:

Window Glass Workers

Individuals skilled in the manufacturing and installation of window glass, a trade that involves the production of flat glass for architectural use.

French

Relating to France or its people, language, or culture.

Belgian Imports

Goods and services purchased from Belgium by other countries, including chocolates, diamonds, beers, and pharmaceutical products.

American Labor Union

An organization that represents the interests of workers in various industries, advocating for better wages, working conditions, and rights in the United States.