As a Consultant You Have Been Asked to Generate a Unit

question 70

Multiple Choice

As a consultant you have been asked to generate a unit demand forecast for a product for year 2017 using exponential smoothing.The actual demand in year 2013 was 750.The forecast demand in year 2016 was 960.Using this data and a smoothing constant alpha of 0.3,which of the following is the resulting year 2017 forecast value?

• A)766
• B)813
• C)897
• D)1,023
• E)1,120

Recognize the importance of credibility in report writing.

Identify strategies for making a report clear, compelling, and persuasive.

Comprehend the role of visuals and data presentation in enhancing report effectiveness.

Grasp the concept of the "you" attitude and its importance in professional communication.

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Definitions:

Marketing Activities

Actions or initiatives undertaken by companies to promote their products or services, including advertising, social media campaigns, and public relations.

Price

The amount of something—money, time, or effort—that a buyer exchanges with a seller to obtain a product.

Expenses

Costs incurred in the running of a business or the completing of an activity.

Licensing

An agreement where a company allows another entity to produce its goods in exchange for a designated fee.