As a consultant, you have been asked to generate a unit demand forecast for a product for year 2014 using exponential smoothing. The actual demand in year 2013 was 750. The forecast demand in year 2013 was 960. Using these data and a smoothing constant alpha of 0.3, which of the following is the resulting year 2014 forecast value?
A. 897
B. 766
C. 1,120
D. 1,023
E. 813
Answer: A
You might also like to view...
Given the various breach of warranty remedies available to buyers under the Uniform Commercial Code (UCC), courts no longer recognize negligence theory to impose liability on the manufacturer or seller of goods for personal injury or property damage that results from the use of the goods.
Answer the following statement true (T) or false (F)
Net assets equal stockholders' equity
Indicate whether the statement is true or false
If a company’s production process is not aligned with the volume and variety demanded of the product, then the company ______.
A. has made a bad decision with regard to choice of process B. needs to stop production C. needs to find a new market for its product D. needs to offshore its production
When preparing a statement of cash flows using the indirect method, why is depreciation added back to net income within the operating activities section?