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The Business Analyst for Video Sales, Inc What Is the Forecast for This Year Using Exponential Smoothing

question 41

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The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:  Year  Demand  5 years ago 900 4 years ago 700 3 years ago 600 2 years ago 500 Last year 300\begin{array} { l l } \text { Year } & \text { Demand } \\\hline \text { 5 years ago } & 900 \\\text { 4 years ago } & 700 \\\text { 3 years ago } & 600 \\\text { 2 years ago } & 500 \\\text { Last year } & 300\end{array} What is the forecast for this year using exponential smoothing with alpha = .4, if the forecast for two years ago was 750?


Definitions:

Deterrent

Something that discourages or prevents a particular action or behavior through fear of the consequences.

Cost Effective

A measure of how effectively resources (money, time, effort) are used to achieve a desired outcome, implying the best possible results with minimal waste.

Rage

Intense, uncontrolled anger that can manifest in aggressive behavior or emotional outbursts.

Moral Panic

A widespread feeling of fear, often irrational, that some evil threatens the well-being of society, leading to demands for strong measures to be taken.

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