The Following Table Shows the Sales Data of a Particular

question 5

Multiple Choice

The following table shows the sales data of a particular model of a DVD player. If the forecast sales for May is 36.25, calculate the sales forecast for July using the simple exponential smoothing (SES) model with a smoothing constant of 0.40.
$\begin{array} { | l | l | } \hline \text { Month } & \text { Sales } \\\hline \text { Jan } & 35 \\\hline \text { Feb } & 29 \\\hline \text { Mar } & 39 \\\hline \text { Apr } & 42 \\\hline \text { May } & 51 \\\hline \text { Jun } & 56 \\\hline\end{array}$

• A) The sales forecast for July is more than 30 but less than or equal to 35.
• B) The sales forecast for July is more than 35 but less than or equal to 40.
• C) The sales forecast for July is more than 40 but less than or equal to 50.
• D) The sales forecast for July is more than 50 but less than or equal to 55.

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Definitions:

Deliberate Inventions

Innovations or solutions that are intentionally created to solve a specific problem or meet a particular need.

Managerial

Pertaining to the activities, responsibilities, and skills required for managing organizations or parts of organizations.

Communications

The process of transmitting, receiving, and understanding information or messages between entities.

Creative

Pertaining to the use of imagination or original ideas to create something; innovatively thinking.