Table 14.8 -Use the Information in Table 14.8.Using the Exponential Smoothing Method,with

question 104

Multiple Choice

Table 14.8
-Use the information in Table 14.8.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 equal to 277 units.

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

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Definitions:

Mortgage

A loan secured by the collateral of specified real estate property, where the borrower is obliged to make a predetermined set of payments to the lender.

Capital

The funds used to acquire the natural and human resources needed to provide products; also called financial resources.