Use the information in Table 8.6. Use the exponential smoothing method with = 0.5 and a February forecast of 500 to forecast the sales for May.
A. fewer than or equal to 530
B. greater than 530 but fewer than or equal to 540
C. greater than 540 but fewer than or equal to 550
D. greater than 550
Answer:B
Use the information in Table 8.6. Use the exponential smoothing method with = 0.5 and a February forecast of 500 to forecast the sales for May.
A. fewer than or equal to 530 B. greater than 530 but fewer than or equal to 540 C. greater than 540 but fewer than or equal to 550 D. greater than 550