Using Data Set E1, What Would Be the Forecast for Period

question 33

Multiple Choice

Using Data Set E1, what would be the forecast for period 6 using the exponential smoothing method? Assume the forecast for period 5 is 14000.Use a smoothing constant of  = 0.4 (Choose the closest answer.)

• A)14575
• B)26100
• C)16600
• D)19700

---

Definitions:

Common Stock

Equity securities representing ownership interests in a corporation, providing voting rights and a share in the company's profits.

Market Value

The current price at which an asset or service can be bought or sold in a public market.

Initial Owners

The original investors or founders who hold ownership stakes in a company at its inception.

Corporation

A legal entity distinct from its owners, providing limited liability protection, and able to own assets, incur debt, and sell ownership shares.