Consulting income at Kaplan Associates for the period February – July is shown in the table below. Assume that the initial forecast for February is $9,000. Use Exponential smoothing to forecast August’s income. Explanation: You can use Excel QM—Forecasting—Exponential with the above information.

5. Consulting income at Kaplan Associates for the period February – July is shown in the table below. Assume that the initial forecast for February is $9,000. Use Exponential smoothing to forecast August’s income. Explanation: You can use Excel QM—Forecasting—Exponential with the above information.

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