What Is This Year's Forecast Using Exponential Smoothing with Alpha

question 81

Multiple Choice

What is this year's forecast using exponential smoothing with alpha = .2, if last year's smoothed forecast was 15,000?

• A)20,000
• B)19,000
• C)17,500
• D)16,000
• E)15,000

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Definitions:

Affection

is a gentle feeling of fondness or liking toward someone or something, reflecting a form of emotional warmth or attachment.

Collective Effervescence

A sociological concept describing the sense of energy and harmony experienced by individuals when participating in a group activity.

Morale

The confidence, enthusiasm, and discipline of a person or group at a particular time, especially in the context of work or other collective endeavors.

Esprit De Corps

A feeling of pride, fellowship, and common loyalty shared among the members of a group.