Consider the Data Below $$\begin{array} { l l } \text { Period } & \text { Demand } \\\hline 11 & 81 \\12 & 75 \\13 & 82\end{array}$$

question 30

Essay

Consider the data below: $$\begin{array} { l l } \text { Period } & \text { Demand } \\\hline 11 & 81 \\12 & 75 \\13 & 82\end{array}$$ Using exponential smoothing with alpha = .2, and assuming the forecast for period 11 was 80, what would the forecast for period 14 be?

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Definitions:

Hierarchy of Needs

A theory by Abraham Maslow outlining a pyramid of human needs, from basic physiological needs to the need for self-actualization.

Metapathology

The study or theory of underlying psychological dysfunction or disease.

Self-Actualizing Person

A term coined by Abraham Maslow referring to an individual who has achieved the highest level of psychological development and is fully realizing their potential.

Hierarchy of Needs

A model introduced by Abraham Maslow that is often depicted as a pyramid, representing the progression through different levels of human needs from physiological up to self-actualization.