What Is the Forecast for This Year Using Exponential Smoothing

question 10

Multiple Choice

What is the forecast for this year using exponential smoothing with alpha = .4,if the forecast for TWO years ago was 750?

• A) 163
• B) 180
• C) 300
• D) 420
• E) 510

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Definitions:

Drive Home

Drive Home often means to emphasize or make a point clearly and forcefully.

Time Off Work

A period of leave from one's primary job or occupation for rest, personal, medical, or family reasons.

Home Care

Health or supportive services provided in the patient’s home by healthcare professionals or family members.

Scheduling

The action of planning and arranging events, tasks, or duties to occur at specific times.