The owners of Hal's Cookie Company have collected sales data for the past 8 months. These data are shown as follows: Using a smoothing constant equal to 0.20 and starting forecast in period 1 of 100, the forecast value for period 9 is approximately 104.2.

Question

The owners of Hal's Cookie Company have collected sales data for the past 8 months. These data are shown as follows:  Using a smoothing constant equal to 0.20 and starting forecast in period 1 of 100, the forecast value for period 9 is approximately 104.2.

Quizplus · Accepted Answer

The Answer of The owners of Hal's Cookie Company have collected sales data for the past 8 months. These data are shown as follows:  Using a smoothing constant equal to 0.20 and starting forecast in period 1 of 100, the forecast value for period 9 is approximately 104.2.

The Owners of Hal's Cookie Company Have Collected Sales Data