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Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:

Period Demand

1 200

2 245

3 190

4 270

5 280

6 300

If the forecast for period 5 is equal to 275, use exponential smoothing with a = .40 to compute a forecast for period 7. Which of the following is the answer?

273

277

267.8

286.2

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M91117380

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