Given the Following Data, Use Exponential Smoothing (? =

question 3

Multiple Choice

Given the following data, use exponential smoothing (? = .1) to develop a demand forecast for period 3. Assume the forecast for the initial period is 500. What is the forecast?

• A) 569
• B) 470
• C) 541
• D) 551
• E) 479

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Definitions:

Central Nervous System

This refers to the complex system comprised of the brain and spinal cord, acting as the primary control center for processing and sending out nerve signals throughout the body.

Endocrine System

A collection of glands that produce hormones which regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood, among other things.

Plasticity

The brain’s special capacity for change.

Complexity

The state or quality of being intricate or complicated, involving numerous interrelated parts or aspects.