Consider the Data Below

question 34

Essay

Consider the data below:
Using exponential smoothing with alpha = .2, and assuming the forecast for period 11 was 80, what would the forecast for period 14 be?

---

Definitions:

Conceptual Skills

The ability to understand complex ideas and concepts, typically required for strategic planning and decision-making in an organization.

Robert Katz

An organizational theorist known for identifying three essential managerial skills: technical, human, and conceptual.

Position

The role, status, or stance that an individual or entity occupies within a structured framework or context.

Leaders

Individuals who influence, guide, or direct others within an organization or group, often charged with making decisions and inspiring engagement towards achieving goals.