Use the Data Given Below to Answer the Following Question(s)

question 41

Multiple Choice

Use the data given below to answer the following question(s) .
The table provided below gives the sales details of the number of android smart phones at an electronic retail store for the past 6 weeks. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. (Hint: Optimize α value in 0.1 increments) $$\begin{array} { | c | c | } \hline \text { Week } & \text { Units sold } \\\hline 1 & 88 \\\hline 2 & 44 \\\hline 3 & 54 \\\hline 4 & 65 \\\hline 5 & 72 \\\hline 6 & 85 \\\hline\end{array}$$
-What is the formula used to calculate the value of at in the linear trend equation Ft+k = at + btk while using double exponential smoothing?

• A) at = ?(bt - bt-1) + (1 -?)bt-1
• B) at = ?Ft-1 + (1 - ?)(at +1 + bt+1)
• C) at = ?Ft + (1 - ?)(at -1 + bt-1)
• D) at = ?(bt + bt-1) + (1 + ?)bt-1

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Definitions:

Competitive Advantage

The attributes that allow an organization to outperform its competitors, such as superior quality, innovation, or cost efficiency.

Porter's Five Forces

A framework developed by Michael Porter for analyzing the competitive intensity and attractiveness of an industry or market, including competitive rivalry, threat of new entrants, threat of substitutes, bargaining power of buyers, and bargaining power of suppliers.

Attractive Industry

A sector of the economy that is appealing to investors or businesses due to its potential for high returns, growth opportunities, or other favorable conditions.