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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 57

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods.
Given: α = 0.7 and β = 0.3
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The table below shows the quarterly sales of Dragon Ball Z action figures in a toy store.The forecaster uses the double exponential smoothing model to determine the forecast for future periods. Given: α = 0.7 and β = 0.3 -Determine the sales forecast (in 000's) for the 4<sup>th</sup> quarter of year 10. A) approximately 120 units B) approximately 131 units C) approximately 146 units D) approximately 196 units
-Determine the sales forecast (in 000's) for the 4th quarter of year 10.

Definitions:

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