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

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Definitions:

Leadership Theories

Various conceptual frameworks and methodologies that aim to explain the complexities and effectiveness of leadership.

Subordinate

A person who is under the authority or control of another within an organization, typically referring to workers or employees.

Treat Followers

The manner in which a leader interacts with and regards their followers, affecting their motivation and performance.

LMX

Stands for Leader-Member Exchange, a theory emphasizing the quality of relationships between leaders and followers as central to leadership effectiveness.