Given a Prior Forecast Demand Value of 1,100, a Related

question 23

Multiple Choice

Given a prior forecast demand value of 1,100, a related actual demand value of 1,000, and a smoothing constant alpha of 0.3, what is the exponential smoothing forecast value?

• A) 1,000
• B) 1,030
• C) 1,070
• D) 1,130
• E) 970

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Definitions:

Ascites

The accumulation of fluid in the peritoneal cavity, causing abdominal swelling, often due to liver disease or cancer.

Nonalcoholic Fatty Liver Disease (NAFLD)

A range of liver conditions affecting people who drink little to no alcohol, characterized by excessive fat stored in liver cells.

Hepatic Angiomatosis

A rare vascular disorder involving an increase in the number of blood vessels in the liver, leading to the formation of benign liver lesions.

Hepatic Sclerosis

A condition involving the hardening or scarring of the liver tissue, affecting liver function.