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Month Sales ('000s) January $42 February $49 March $59 April $39 May $56 June $59 July $50 August $49 September $50 October $53 Using the
Month | Sales ('000s) |
January | $42 |
February | $49 |
March | $59 |
April | $39 |
May | $56 |
June | $59 |
July | $50 |
August | $49 |
September | $50 |
October | $53 |
Using the above sales data, what is the forecast for November using exponential smoothing with alpha = 0.1 and an October forecast of 50.
Answers:
A. 53,000
B. 50,300
C. 50,000
D. 49,300
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