Using exponential smoothing method, forecast the demand for the fourth period. The historical demand for the previous three periods is 41, 42, and 43 respectively, assume Alpha =0.9 (Round to 2 decimals) O a. 42.89 O b. None is correct O c. 41.92 Od. 42.8 O e. 42
Using exponential smoothing method, forecast the demand for the fourth period. The historical demand for the previous three periods is 41, 42, and 43 respectively, assume Alpha =0.9 (Round to 2 decimals) O a. 42.89 O b. None is correct O c. 41.92 Od. 42.8 O e. 42
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 46P
Related questions
Question
![Using exponential smoothing method, forecast the demand for the fourth period. The historical demand for
the previous three periods is 41, 42, and 43 respectively, assume Alpha =0.9 (Round to 2 decimals)
O a.
42.89
O b. None is correct
O c. 41.92
O d. 42.8
O e.
42
NEXT PAGE
IS PAGE](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F15bc240a-2f2e-4ba0-afcc-f1a6341b9e69%2Fedcae83f-a716-4764-9d8b-3f8a5f82bbf2%2Fczcip1u_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Using exponential smoothing method, forecast the demand for the fourth period. The historical demand for
the previous three periods is 41, 42, and 43 respectively, assume Alpha =0.9 (Round to 2 decimals)
O a.
42.89
O b. None is correct
O c. 41.92
O d. 42.8
O e.
42
NEXT PAGE
IS PAGE
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Practical Management Science](https://www.bartleby.com/isbn_cover_images/9781337406659/9781337406659_smallCoverImage.gif)
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
![Contemporary Marketing](https://www.bartleby.com/isbn_cover_images/9780357033777/9780357033777_smallCoverImage.jpg)
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning
![Purchasing and Supply Chain Management](https://www.bartleby.com/isbn_cover_images/9781285869681/9781285869681_smallCoverImage.gif)
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
![Practical Management Science](https://www.bartleby.com/isbn_cover_images/9781337406659/9781337406659_smallCoverImage.gif)
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
![Contemporary Marketing](https://www.bartleby.com/isbn_cover_images/9780357033777/9780357033777_smallCoverImage.jpg)
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning
![Purchasing and Supply Chain Management](https://www.bartleby.com/isbn_cover_images/9781285869681/9781285869681_smallCoverImage.gif)
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning