Solved

The Dean of a School of Business Is Forecasting Total

Question 128

Multiple Choice

The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data:  Year  Enrollment  Four years ago 2000 Three years ago 2200 Two years ago 2800 Last year 3000\begin{array} { | l | c | } \hline { \text { Year } } & \text { Enrollment } \\\hline \text { Four years ago } & 2000 \\\hline \text { Three years ago } & 2200 \\\hline \text { Two years ago } & 2800 \\\hline \text { Last year } & 3000 \\\hline\end{array}
What is this year's forecast using exponential smoothing with alpha = .4, if last year's smoothed forecast was 2,600?


A)  2,600
B)  2,760
C)  2,800
D)  3,840
E)  3,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents