Given a Prior Forecast Demand Value of 230, a Related

question 65

Multiple Choice

Given a prior forecast demand value of 230, a related actual demand value of 250, and a smoothing constant alpha of 0.1, what is the exponential smoothing forecast value for the following period?

• A) 230
• B) 232
• C) 238
• D) 248
• E) 250

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Definitions:

Bureau of Statistics

A generalized term for government agencies responsible for collecting, analyzing, and publishing statistical data on various aspects of a country or regions’ economy, population, and society.

Force Used

Refers to the exertion of physical power or coercion by law enforcement or security personnel to achieve a specific outcome.

Passive Resistance

A method of non-violent protest against laws or policies, characterized by refusal to cooperate with authorities.

Verbal

Pertains to words and the use of language to communicate.