For the Demand Values and the January Forecast Shown in the Table

question 19

Multiple Choice

For the demand values and the January forecast shown in the table below the exponential smoothing forecast for March using α = 0.30 is

• A)489.
• B)486.
• C)483.
• D)480.

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Definitions:

Feasible Region

The set of all possible points that satisfy the constraints of an optimization problem, within which the optimal solution is found.

Potting Soil

A medium used to grow plants, herbs, and vegetables in a pot or other durable container.

Linear Programming

A mathematical technique for maximizing or minimizing a linear objective function, subject to linear equality and linear inequality constraints.

Constraints

are limitations or restrictions that affect the planning and execution of projects, including time, budget, materials, and human resources.