Use the information in Table 8.6. Use an exponential smoothing model with a smoothing parameter of 0.30 and an April forecast of 525 to determine what the forecast sales would have been for June.
A. fewer than or equal to 535
B. greater than 535 but fewer than or equal to 545
C. greater than 545 but fewer than or equal to 555
D. greater than 555
Answer:C
Use the information in Table 8.6. Use an exponential smoothing model with a smoothing parameter of 0.30 and an April forecast of 525 to determine what the forecast sales would have been for June.
A. fewer than or equal to 535 B. greater than 535 but fewer than or equal to 545 C. greater than 545 but fewer than or equal to 555 D. greater than 555