Question
Demand this month for an item was found out to be 3400 units instead of the 2800 units that was predicted by a forecasting analyst
Demand this month for an item was found out to be 3400 units instead of the 2800 units that was predicted by a forecasting analyst last month. Assuming the forecasting analyst uses the method of exponential smoothing (with a smoothing constant of alpha = 0.6) to generate her forecasts, what would her forecast for next month's demand be?
| A. | 3160 | |
| B. | 3100 | |
| C. | 3040 | |
| D. | 3720 |
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The Restaurant From Concept to Operation
Authors: John R Walker
6th Edition
9781118139950, 470626437, 111813995X, 978-0470626436
