Suppose That a Simple Exponential Smoothing Model Is Used (With

question 80

Multiple Choice

Suppose that a simple exponential smoothing model is used (with = 0.40) to forecast monthly sandwich sales at a local sandwich shop. The forecasted demand for September was 1560 and the actual demand was 1480 sandwiches. Given this information, what would be the forecast number of sandwiches for October?

• A) 1480
• B) 1528
• C) 1560
• D) 1592

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