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16) The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data: Year Enrollments

16) The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:

Year Enrollments
5 Years ago 900
4 Years ago 700
3 Years ago 600
2 Years ago 500
Last Year 300

What is the forecast for this year using exponential smoothing with alpha = 0.4, if the forecast for two years ago was 750?

A) 510

B) 180

C) 163

D) 300

E) 420

14) A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data:

Year Attendance
Four Years ago 10,000
Three Years ago 12,000
Two Years ago 18,000
Last Year 20,000

What is this year's forecast using a two-year weighted moving average with weights of 0.7 and 0.3?

A) 18,600

B) 19,000

C) 11,400

D) 10,600

E) 19,400

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