Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are using exponential smoothing to obtain monthly forecasts of the sales of a certain product. The forecast for last month was 900, and then

You are using exponential smoothing to obtain monthly forecasts of the sales of a certain product. The forecast for last month was 900, and then the actual sales turned out to be 973. Obtain the forecast for next month using the smoothing constant= 0.3.

Seleccione una:

a.

907.3

b.

915.7

c.

921.9

d.

936.5

e.

973

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management Fundamentals Key Concepts And Methodology

Authors: Gregory T. Haugan

2nd Edition

1567262813, 9781567262810

More Books

Students also viewed these General Management questions

Question

1. Too reflect on self-management

Answered: 1 week ago

Question

Food supply

Answered: 1 week ago