Instruction 14-9
the Number of Cases of Merlot Wine Sold

question 17

Short Answer

Instruction 14-9
The number of cases of merlot wine sold by a Barossa Valley Winery in an 8-year period follows.
$$\begin{array} { c c } \text { Year }& \text { Cases of Wine } \\2003 & 270 \\2004& 356 \\2005 & 398 \\ 2006& 456 \\2007 & 358 \\2008 & 500 \\ 2009& 410 \\2010&376\\\end{array}$$
-Referring to Instruction 14-9,exponential smoothing with a weight or smoothing constant of 0.2 will be used to forecast wine sales.The forecast for 2011 is ________.

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Definitions:

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Formal Performance

The evaluation of an employee's work based on established criteria and procedures within a professional setting.

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Information or documents that are private, meant to be kept secret, and not disclosed to unauthorized individuals.

High Self-monitoring

A personality trait characterized by a high level of sensitivity to social cues and adaptability in behavior depending on the situation.