What will be the value of X in the given table? Period Sales Exponential smoothing forecast (alpha = 0.3) 1 100 2 110 100 3 120 X a) 103 b) 106 c) 109 d) 110

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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What will be the value of X in the given table?
Period
Sales
Exponential smoothing
forecast (alpha = 0.3)
1
100
2
110
100
3
120
X
a) 103
b) 106
c) 109
d) 110
Transcribed Image Text:What will be the value of X in the given table? Period Sales Exponential smoothing forecast (alpha = 0.3) 1 100 2 110 100 3 120 X a) 103 b) 106 c) 109 d) 110
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