What Is the Forecast for This Year Using Trend Adjusted

question 32

Multiple Choice

What is the forecast for this year using trend adjusted (double) smoothing with alpha = .05 and beta = 0.3, if the forecast for last year was 21,000, the forecast for two years ago was 19,000, and the trend estimate for last year's forecast was 1,500?

• A)18,750
• B)19,500
• C)21,000
• D)22,650
• E)22,800

---

Definitions:

Millennials

A demographic group succeeding Generation X, generally identified as individuals born between the early 1980s and the late 1990s.

Values Of Workers

Speaks to the core beliefs and principles that guide an employee's behaviors and decisions in the workplace.

Ethical Perspective

An individual's or group's viewpoint on what constitutes morally right or wrong behavior, often influenced by personal, cultural, or societal values.

Social Desirability Bias

The tendency of respondents to answer questions in a manner that will be viewed favorably by others, often leading to inaccuracies in data collection.