Table 105 -Use the Information in Table 10

question 143

Multiple Choice

Table 10.5
$$\begin{array} { | l | c | } \hline{ \text { Month } } & \begin{array} { c } \text { Demand } \\\text { (Units) }\end{array} \\\hline \text { July } & 240 \\\text { August } & 310 \\\text { September } & 280 \\\text { October } & 250 \\\hline\end{array}$$
-Use the information in Table 10.5.Using the exponential smoothing method,with alpha equal to 0.2,what is the forecasted demand for November? Use an initial value for the forecast (July) equal to 277 units.

• A) less than or equal to 260 units
• B) greater than 260 but less than or equal to 275 units
• C) greater than 275 but less than or equal to 285 units
• D) more than 285 units

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Definitions:

Vision in Leadership

The ability of organizational leaders to foresee the future state of their organization and to formulate a clear strategy to guide its direction and growth.

Optimistic Picture

A positive or hopeful outlook regarding a situation or the future.

Cognitive Skills

Mental abilities and processes related to acquiring knowledge, reasoning, memory, attention, and problem-solving.

New Product Ideas

Concepts or proposals for new goods or services that a company can develop and introduce to the market.