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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 (Yt ) Exponential Smoothing (Y:) Year (000) (W = 0.9) 2007 205 2008 211 205 2009 223 200 2010 240 229 2011 262 2012 290 2013 323 2014 321 2015 325 2016 334 2017 *

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