Use the information in Table 8.7. If the forecast for period 7 is $4,300, what is the forecast for period 9 using exponential smoothing with an alpha equal to 0.30?
A. $4,300
B. $4,342
C. $4,158
D. $3,957
Answer:C
Use the information in Table 8.7. If the forecast for period 7 is $4,300, what is the forecast for period 9 using exponential smoothing with an alpha equal to 0.30?
A. $4,300 B. $4,342 C. $4,158 D. $3,957