Examlex

Solved

TABLE 16-6
the Number of Cases of Merlot Wine Sold

question 32

Short Answer

TABLE 16-6
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows.
 Year  Cases of Wine19912701992356199339819944561995358199650019974101998376\begin{array} { c c } \underline { \text { Year } } &\underline { \text { Cases of Wine} } \\1991&270\\1992 & 356 \\1993 & 398 \\1994 & 456 \\1995 & 358 \\1996 & 500 \\1997 & 410 \\1998 & 376\end{array}
-Referring to Table 16-6, the Holt-Winters method for forecasting with smoothing constant of 0.2 for both level and trend will be used to forecast the wine sales. The forecast for 1999 is______ .


Definitions:

Educators

Individuals who instruct, guide, and facilitate learning, often in academic settings, but also in other contexts where learning occurs.

Pretend

To act as if something is true while knowing it is not, often as a form of play or to explore different scenarios.

Piaget

A Swiss psychologist known for his work on child development, particularly his theory of cognitive development that describes how children develop intellectually throughout the course of childhood.

Spiritual Development

A growth process of deepening understanding of oneself, others, and the universe in a way that connects to a higher purpose or meaning.

Related Questions