Exhibit 11.3 The Following Questions Use the Data Below

question 43

Multiple Choice

Exhibit 11.3
The following questions use the data below.
Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using exponential smoothing.
-Refer to Exhibit 11.3. What formula should be entered in cell C4 to compute the exponential smoothing forecast for month 2?

• A) =C3-$F$3*(B3-C3)
• B) =C3+$F$3*(C3-B3)
• C) =B3+$F$3*(B3-C3)
• D) =C3+$F$3*(B3-C3)

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Definitions:

Purpose

The reason for which something is done or created, or for which something exists.

Internal Components

Elements or factors within an organization that contribute to its functioning, such as its culture, human resources, and internal processes.

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The science of adapting work and working conditions to the employee or worker.

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