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

question 2

Multiple Choice

Use the data given below to answer the following question(s) .
The worldwide sales of cars from 1981-1990 are shown in the table below. Given: α = 0.2, γ = 0.05, and season length = 1. (Hint: Use XLMiner) . $$\begin{array} { | c | c | } \hline \text { Year } & \begin{array} { c } \text { Units sold in } \\\text { thousands }\end{array} \\\hline 1 & 750 \\\hline 2 & 823 \\\hline 3 & 1034 \\\hline 4 & 1945 \\\hline 5 & 1556 \\\hline 6 & 1300 \\\hline 7 & 1346 \\\hline 8 & 1150 \\\hline 9 & 967 \\\hline 10 & 1200 \\\hline\end{array}$$
-Which of the following is the forecast value for the 6th year?

• A) 1256.06
• B) 1328.04
• C) 1321.31
• D) 1327.24

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Definitions:

Cost Of Goods Manufactured

The total production cost of goods completed during a specific accounting period, including labor, materials, and overhead.

Automated

Refers to a method or process completed with minimal human intervention, often using digital or mechanical systems.

Cost Structure

The composition and proportion of fixed and variable costs that a business incurs, influencing its profitability and pricing strategies.

Variable Costs

Expenses that adjust in proportion to the amount of production or the intensity of business operations.