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 of 0.4,the forecast value for period 3 is 112.

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 of 0.4,the forecast value for period 3 is 112.

Quizplus · Accepted Answer

The question provides information on the forecast value for period 3 using a smoothing constant of 0.4, which is 112. However, there is no information provided about the actual sales data or the accuracy of the forecast.

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