Professor Very Busy Needs to Allocate Time Next Week to Include

question 32

Multiple Choice

Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek appointments. He has gathered the following data:

What is this week's forecast using exponential smoothing with alpha = 0.2, if the forecast for two weeks ago was 90?

• A)49
• B)50
• C)52
• D)65
• E)78

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Definitions:

CISG

The United Nations Convention on Contracts for the International Sale of Goods, an international treaty that establishes a uniform framework for international commerce.

Statute of Frauds

a legal concept requiring certain types of contracts to be in writing and signed by the party to be charged, to prevent fraudulent claims and perjuries.

United Nations Convention

An international treaty agreed upon by member states of the United Nations, aimed at setting out specific legal standards and norms.

Article 2(A)

A specific portion of the UCC that deals with leases of personal property.