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:

Invoice

A paper provided by the vendor to the purchaser detailing the goods or services rendered and the total charge.

Discount

A reduction applied to a regular price or rate, often used to encourage purchase or prompt payment.

ROG

Depending on context, it may refer to "Receipt of Goods," the point at which goods are received and acknowledged by the buyer.

Net Price

The actual price paid for a product or service after subtracting any discounts, rebates, or allowances.