Given an Actual Demand This Period of 103,a Forecast Value

question 73

Multiple Choice

Given an actual demand this period of 103,a forecast value for this period of 99,and an alpha of .4,what is the exponential smoothing forecast for next period?

• A)94.6
• B)97.4
• C)100.6
• D)101.6
• E)103.0

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Definitions:

Adjustment Process

A method or series of actions taken to adapt or conform to new conditions or changes.

Reality Shock

The stress and disorientation that individuals experience when they encounter a significantly different reality from their expectations.

Pre-employment Stage

The phase in the hiring process before an individual becomes an official employee, typically involving recruitment, interviews, and assessments.

Psychological Contract

The unwritten, implicit expectations and beliefs about the reciprocal obligations between employees and employers, impacting job satisfaction and loyalty.