SCENARIO 16-4
the Number of Cases of Merlot Wine Sold

question 96

Short Answer

SCENARIO 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows. $$\begin{array}{l}\text { Year Cases of Wine }\\\begin{array} { l l } 2005 & 270 \\2006 & 356 \\2007 & 398 \\2008 & 456 \\2009 & 358 \\2010 & 500 \\2011 & 410 \\2012 & 376\end{array}\end{array}$$
-Referring to Scenario 16-4, exponential smoothing with a weight or smoothing constant of
0.4 will be used to smooth the wine sales. The value of E2, the smoothed value for 2006 is
__________.