Suppose That a Simple Exponential Smoothing Model Is Used (With

question 49

Multiple Choice

Suppose that a simple exponential smoothing model is used (with α = 0.30) to forecast monthly sandwich sales at a local sandwich shop.After June's demand is observed at 1520 sandwiches,the forecasted demand for July is 1600 sandwiches.At the beginning of July,what would be the forecasted demand for August?

• A)1520
• B)1544
• C)1550
• D)1600

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