Using Exponential Smoothing,the Demand Forecast for Time Period 10 Equals

question 48

Multiple Choice

Using exponential smoothing,the demand forecast for time period 10 equals the demand forecast for time period 9 plus

• A)α times the demand forecast for time period 8.
• B)α times the error in the demand forecast for time period 9.
• C)α times the observed demand in time period 9.
• D)α times the demand forecast for time period 9.

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Definitions:

Dishonored

A term commonly used in banking and finance referring to a cheque or payment that has been refused or cannot be processed.

Drawee

The party that must obey an order. In the context of banking, the drawee is the bank that must pay the funds ordered by a customer’s check.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money to a specified person, which can be transferred by endorsement or delivery.

Dishonored

A term used to describe a financial instrument, such as a check or promissory note, that has been refused acceptance or payment.