{"id":158107,"date":"2023-09-08T14:39:24","date_gmt":"2023-09-08T09:09:24","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=158107"},"modified":"2023-09-08T14:39:25","modified_gmt":"2023-09-08T09:09:25","slug":"the-sales-data-of-a-product-for-5-years-are","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/the-sales-data-of-a-product-for-5-years-are\/","title":{"rendered":"The sales data of a product for 5 years are"},"content":{"rendered":"\n<p><p class=\"MsoListParagraph\"><span style=\"font-size:12.0pt;mso-font-width:99%\">Q. <\/span><span style=\"font-size:12.0pt;mso-bidi-font-size:11.0pt\">The<span style=\"letter-spacing:\n-.15pt\"> <\/span>sales<span style=\"letter-spacing:-.05pt\"> <\/span>data<span style=\"letter-spacing:-.05pt\"> <\/span>of<span style=\"letter-spacing:-.05pt\"> <\/span>a<span style=\"letter-spacing:-.1pt\"> <\/span>product for<span style=\"letter-spacing:\n-.15pt\"> <\/span>5<span style=\"letter-spacing:.15pt\"> <\/span>years<span style=\"letter-spacing:-.05pt\"> <\/span>are<\/span><\/p><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>&nbsp; <strong>Year<\/strong><\/td><td>&nbsp; 2014<\/td><td>&nbsp; 2015<\/td><td>&nbsp; 2016<\/td><td>&nbsp; 2017<\/td><td>&nbsp; 2018<\/td><\/tr><tr><td>&nbsp; <strong>Sales (units)<\/strong><\/td><td>280<\/td><td>268<\/td><td>259<\/td><td>270<\/td><td>287<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Assume the forecast for the year 2014 as 260 units. Using an exponential smoothing method with smoothing constant \u03b1 = 0.5, the sales forecast (units) for the year 2019, is \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Ans: 276-278<\/p>\n\n\n\n<p>Sol:<\/p>\n\n\n\n<p>The sales of the particular years are given and the forecast for the year 2014, F2014\u00a0= 260 units.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"248\" height=\"402\" src=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-860.png\" alt=\"\" class=\"wp-image-158115\" srcset=\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-860.png 248w, https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-860-185x300.png 185w\" sizes=\"(max-width: 248px) 100vw, 248px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Q. The sales data of a product for 5 years are &nbsp; Year &nbsp; 2014 &nbsp; 2015 &nbsp; 2016 &nbsp; 2017 &nbsp; 2018 &nbsp; Sales (units) 280 268 259 270 287 Assume the forecast for the year 2014 as 260 units. Using an exponential smoothing method with smoothing constant \u03b1 = 0.5, the sales forecast [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":158117,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5141],"tags":[5140],"class_list":["post-158107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gate","tag-gate-questions"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/158107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=158107"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/158107\/revisions"}],"predecessor-version":[{"id":158119,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/158107\/revisions\/158119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/158117"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=158107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=158107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=158107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}