Given an Actual Demand of 105, a Forecasted Value of 97

question 31

Multiple Choice

Given an actual demand of 105, a forecasted value of 97, and an alpha of 0.4, the simple exponential smoothing forecast for the next period would be:

• A)80.8.
• B)93.8.
• C)100.2.
• D)101.8.
• E)108.2.

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Definitions:

Population Size

The total number of individuals within a species that occupy a particular geographic area.

Genetic Drift

A mechanism of evolution that causes allele frequencies within a population to change randomly with time due to chance events.

Natural Selection

A process by which species evolve over time as individuals with traits more suited to their environment are more likely to survive and reproduce.

Adaptive Evolution

The process through which populations become better suited to their environment through changes in genetic traits.