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

question 44

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 0.4 will be used to smooth the wine sales. The value of E₅, the smoothed value for 1995 is
_____.

---

Definitions:

Participative

A leadership or management style where decision-making is shared with others, especially the members of the team, encouraging input and involvement from all.

In-Group Collectivism

The tendency for members within a group to prioritize and emphasize the goals, needs, and views of the group over individual ones.

Farmer-Owned

A business or cooperative that is owned and controlled by the farmers who produce the goods or use the services it provides.

Dairy Cooperative

An agricultural cooperative where dairy farmers pool their resources for mutual economic benefit, often involving production and marketing of dairy products.