Suppose That the Demand in Period 1 Was 7 Units

question 1

Multiple Choice

Suppose that the demand in period 1 was 7 units and the demand in period 2 was 9 units. Assume that the forecast for period 1 was for 5 units. If the firm uses exponential smoothing with an alpha value of .20, what should be the forecast for period 3? (Round answers to two decimal places.)

• A) 9.00
• B) 3.72
• C) 9.48
• D) 5.00
• E) 6.12

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Definitions:

Muscle Development

Involves the growth and strengthening of muscle fibers through physical activity, nutrition, and adequate rest, contributing to overall health and fitness.

Sleep Debt

The cumulative effect of not getting enough sleep, which can result in mental, emotional, and physical fatigue.

Sleepless Nights

Periods of nighttime where an individual experiences little to no sleep, often due to stress, anxiety, or other disturbances.

Biological Clock

The internal mechanism in organisms that controls the timing of various physical functions, such as sleep and wake cycles, on a roughly 24-hour schedule.