SCENARIO 16-4 the Number of Cases of Merlot Wine Sold by a by a Paso

question 123

Multiple Choice

SCENARIO 16-4
The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows.
-Referring to Scenario 16-3,if this series is smoothed using exponential smoothing with a smoothing constant of 1/3,what would be the first value?

• A)36
• B)39
• C)42
• D)45

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