Given an Actual Demand of 59, a Previous Forecast of 64

question 15

Multiple Choice

Given an actual demand of 59, a previous forecast of 64, and an alpha of .3, what would the forecast for the next period be using simple exponential smoothing?

• A) 36.9
• B) 57.5
• C) 60.5
• D) 62.5
• E) 65.5

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Definitions:

Deferred Revenues

Deferred revenues refer to money received by a business for goods or services yet to be delivered or performed, recorded as a liability on the balance sheet until the obligation is fulfilled.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of a business.

Long-Term Liabilities

All of the entity’s obligations that are not classified as current liabilities.