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CTP · Question #392
(Topic 4) QRT Corporation uses exponential smoothing in its cash flow forecasting model. Five days are used to calculate the moving average forecast. If the value of the smoothing constant is .60…
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Question
- (Topic 4)
QRT Corporation uses exponential smoothing in its cash flow forecasting model. Five days are used to calculate the moving average forecast. If the value of the smoothing constant is .60, what is the exponential smoothing forecast for day 7?
Options
- A$2,000,000
- B$2,052,000
- C$2,060,000
- D$2,400,000
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