The Owner of Darkest Tans Unlimited in a Local Mall

question 17

Multiple Choice

The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:

What is this month's forecast using exponential smoothing with alpha = 0.2, if August's forecast was 145?

• A)144
• B)140
• C)142
• D)148
• E)163

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Definitions:

Organizational Behavior Effectiveness

The study of how individuals and groups act within organizations, aiming to improve organizational efficiency and effectiveness.

LMX Model

Stands for Leader-Member Exchange theory, focusing on the relationship between leaders and team members and how it impacts organizational outcomes.

Employee/Employer Relationships

The formal and informal interactions, expectations, and agreements between employees and their employers, shaping the workplace environment.

Phases

Sequential steps or stages in a process or cycle, marked by distinct characteristics or tasks that lead to an overall goal.