As a Consultant You Have Been Asked to Generate a Unit

question 92

Short Answer

As a consultant you have been asked to generate a unit demand forecast for a product for Year 2014 using exponential smoothing.Actual demand in year 2013 was 950 but the forecast for that year 1,060.Using this data and a smoothing constant alpha of 0.5,which of the following is the resulting year 2014 forecast value? ________________________________________

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Definitions:

Future Maturity

A term referring to the date on which an investment or payment becomes due for settlement.

Redeem

The act of paying off or buying back securities or debts, typically at maturity or before, often for a specified price.

Initial Deposit

The first sum of money placed into an account, often marking the account's opening and establishing an initial balance.

Bond Sinking Fund

A financial strategy to set aside funds over time for the eventual repayment of the principal amount of bonds, ensuring the issuer can meet its future obligations.