A Counseling Service Records the Number of Calls to Their

question 71

Multiple Choice

A counseling service records the number of calls to their hotline for the last year. use this table to answer the following questions:
$$\begin{array} { | l | c | } \hline { \text { Month } } & \text { Demand } \\\hline \text { Tanuary } & 111 \\\hline \text { February } & 127 \\\hline \text { March } & 146 \\\hline \text { April } & 159 \\\hline \text { May } & 165 \\\hline \text { fune } & 165 \\\hline \text { fuly } & 178 \\\hline \text { August } & 182 \\\hline \text { September } & 191 \\\hline \text { October } & 208 \\\hline \text { November } & 223 \\\hline \text { December } & 228 \\\hline\end{array}$$
-What is the forecast for August if the forecast for June was 164 and the service uses exponential smoothing with an alpha of 0.8?

• A)164.80
• B)188.93
• C)180.67
• D)175.36

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Definitions:

Cost Leadership

A business strategy focusing on gaining advantage by reducing production or service costs below those of competitors.

Transnational Strategy

A business strategy that involves operating globally but with responsiveness to local needs and preferences.

Global Operations

The activities conducted by an organization to manage its business across various countries worldwide.

Local Markets

Regional or community-based marketplaces where goods and services are traded, often influenced by local demand and supply.