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

---

Definitions:

Negative Outcomes

Unfavorable or adverse results that occur as a consequence of an action or a series of actions.

Economic Welfare

The overall state of economic health and prosperity in a society, often measured by standards of living, income distribution, and availability of goods and services.

Chores

Routine tasks or duties, often related to maintaining a household or contributing to community work.

Nurturant

Characterized by providing nurturing care and support, often in the context of parenting or caregiving relationships.