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The Zocor Company is interested in forecasting period 1 3 sales for a product. It has 1 2 months of historical data. The following shows

The Zocor Company is interested in forecasting period 13 sales for a product. It has 12 months of historical data. The following shows the data and the forecasted values for periods 1-12 using a single exponential smoothing model with a smoothing constant value equal to 0.20.
Month Sales Forecast
for Period t
12020.0
24020.0
33024.0
42025.2
55024.2
63029.3
75029.5
81033.6
96028.9
105035.1
113038.1
125036.5
Which of the following would be the forecast for period 13?
Group of answer choices
40.3
39.2
34.7
36.5

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