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

question 181

Short Answer

TABLE 16-6
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows
$$\begin{array} { c c } \underline{\text { Year }} & \underline{ \text { Cases of Wine }} \\1991 & 270 \\1992 & 356 \\1993 & 398 \\1994 & 456 \\1995 & 358 \\1996 & 500 \\1997 & 410 \\1998 & 376\end{array}$$
-Referring to Table 16-6, exponential smoothing with a weight or smoothing constant of 0.2 will be used to forecast wine sales. The forecast for 1999 is ______ .

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