Question 12 (4 points) Tucson Machinery, Inc., manufactures numerically controlled machines (NCM), which sell for...
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Question 12 (4 points) Tucson Machinery, Inc., manufactures numerically controlled machines (NCM), which sell for an average price of $0.5 million each. Sales for these NCMs for the past two years were as shown below. Using a 6 quarter moving average, predict sales revenue for next year Q1. $ If the forecast for this year's Q4 was to sell 26 machines, using exponential smoothing with a smoothing constant the forecast be for the following quarter would be units QUARTER QUANTITY (UNITS) QUARTER QUANTITY (UNITS) Last Year 1 11 This Year 1 11 12 18 26 16 16 24 28 18 IV IV Blank 1: blank 2
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