Question 5 As a consultant you have been asked to generate a unit demand forecast for a product for year 2020 using expo

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Question 5
As a consultant you have been asked to generate a unit demand
forecast for a product for year 2020 using exponential smoothing.
The actual demand in year 2018 was 750. The forecast demand in year
2018 was 960. Using this data and a smoothing constant alpha of
0.3, which of the following is the resulting year 2020 forecast
value?
a) 666
b) 1,023
c) 897
d) 22.00
Question 15
A company wants to generate a forecast for unit demand for year
2021 using exponential smoothing. The actual demand in year 2020
was 120. The forecast demand in year 2020 was 110. Using this data
and a smoothing constant alpha of 0.1, which of the following is
the resulting year 2021 forecast value?
a) 200
b) 111
c) 1111
d) 311
Question 17
A forecast made with past data where more recent data are given
more significance that older data
a) Time Lapse Continuum
b) Supernova Effect
c) Weighted Moving Average
d) Moving Weighted Average