The business analyst for Ace Business Machines,Inc.wants to forecast this year's demand for manual typewriters based on the following historical data: What is the forecast for this year using trend adjusted (double)smoothing with alpha(1)= 0.3 and alpha(2)= 0.2,if the forecast for last year was 31,the forecast for two years ago was 43,and the trend estimate for last year's forecast was -15?
A)16.6
B)180
C)300
D)400
E)510

Question

The business analyst for Ace Business Machines,Inc.wants to forecast this year's demand for manual typewriters based on the following historical data:  What is the forecast for this year using trend adjusted (double)smoothing with alpha(1)= 0.3 and alpha(2)= 0.2,if the forecast for last year was 31,the forecast for two years ago was 43,and the trend estimate for last year's forecast was -15?
A)16.6 
B)180 
C)300 
D)400 
E)510

Quizplus · Accepted Answer

The Answer of The business analyst for Ace Business Machines,Inc.wants to forecast this year's demand for manual typewriters based on the following historical data:  What is the forecast for this year using trend adjusted (double)smoothing with alpha(1)= 0.3 and alpha(2)= 0.2,if the forecast for last year was 31,the forecast for two years ago was 43,and the trend estimate for last year's forecast was -15?
A)16.6 
B)180 
C)300 
D)400 
E)510

The Business Analyst for Ace Business Machines,Inc