A Company Wants to Generate a Forecast for Unit Demand

question 45

Multiple Choice

A company wants to generate a forecast for unit demand for year 2012 using exponential smoothing.The actual demand in year 2011 was 120.The forecast demand in year 2011 was 110.Using this data and a smoothing constant alpha of 0.1, which of the following is the resulting year 2012 forecast value?

• A)100
• B)110
• C)111
• D)114
• E)120

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