Below You Are Given the First Two Values of a Time

question 47

Multiple Choice

Below you are given the first two values of a time series.You are also given the first two values of the exponential smoothing forecast.

If the smoothing constant equals .3,then the exponential smoothing forecast for time period three is

• A)18
• B)19.2
• C)20
• D)40

---

Definitions:

ISO 9000

A set of international standards for quality management and quality assurance designed to help companies ensure they meet customer and other stakeholder needs.

Process

A series of actions or steps taken to achieve a particular end, often described in manufacturing, project management, or business procedures.

Procedure

A set of established methods or steps taken to accomplish a particular task or to solve a specific problem.

Internal Marketing

The promotion of a company’s objectives, products, and services to its employees with the goal of aligning external marketing strategies.