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7. Exercise 5.7 The Questor Corporation has experienced the following sales pattern over a 10-year period: Complete the table using a first-order exponential smoothing model

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7. Exercise 5.7 The Questor Corporation has experienced the following sales pattern over a 10-year period: Complete the table using a first-order exponential smoothing model with a w = 0.9 to forecast sales in 2017. Sales (Y, ) Exponential Smoothing ( Y,) Year (000) (w = 0.9) 2007 123 2008 138 123 2009 163 2010 198 2011 202 2012 216 2013 240 2014 274 2015 277 2016 290 2017 Grade It Now

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