Multiple Choice
Simple exponential smoothing is being used to forecast demand.The previous forecast of 66 turned out to be 3 units less than actual demand.The next forecast is 66.6,implying a smoothing constant,alpha,equal to:
A) 01
B) 10
C) 15
D) 20
E) 60
Correct Answer:
Verified
Correct Answer:
Verified
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