Given the Following Data,use Exponential Smoothing (α =

question 102

Multiple Choice

Given the following data,use exponential smoothing (α = .2) to develop a demand forecast for period 3.Assume the forecast for the initial period is 5.What is the forecast?

• A)9.00
• B)3.72
• C)9.48
• D)5.00
• E)6.12

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Definitions:

RRSP

Registered Retirement Savings Plan, a Canadian investment account for holding savings and investment assets, with tax advantages.

Compounded

The process of accumulating interest on an investment or loan where the earned interest is added to the principal, leading to interest being earned on interest.

Annually

Occurring once every year, often used in the context of events, payments, or calculations that repeat on a yearly basis.

RRSP

Registered Retirement Savings Plan, a retirement savings and investment vehicle for employees and the self-employed in Canada, offering tax benefits.