THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 43

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of a gifting store.The forecaster uses the Holt-Winters multiplicative model to determine the forecast for future periods.
Given: α = 0.6,β = 0.5,and γ = 0.4.

-Compute the sales forecast for the 1^st quarter of year 4.

• A)approximately 113 units
• B)approximately 269 units
• C)approximately 164 units
• D)approximately 369 units

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Definitions:

Transferor

A transferor is a party who transfers rights, titles, or interests in a property or contract to another party, known as the transferee.

Transferee

An individual or entity that receives property, rights, or interest from another through a lawful transfer.

Present

The current moment or period of time; also refers to formally introducing or making something known.

Check

A check is a written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or the person or entity whose name is written on the check.