What Will Be the Forecast for the Month of October

question 6

Multiple Choice

What will be the forecast for the month of October using an exponential smoothing technique and a smoothing constant of 0.2,if the demand during the months of August and September was 200 and 220 respectively and the forecast for the month of August was 180?

• A)185.6
• B)191.2
• C)198.7
• D)205.5

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Definitions:

Leadership Position

A role or designation that entails guiding, influencing, or directing others towards the achievement of predefined objectives or goals.

Misery Loves Miserable Company

A common saying highlighting how people experiencing sadness or misery often find solace in others who are also unhappy.

Affiliation

The need or tendency to form connections with others, join groups, and maintain social relationships.

Experiments

Controlled procedures carried out to investigate relationships between variables, typically involving manipulation of one variable to observe its effect on another.