Multiple Choice
NextGenTabs has introduced their latest model of tablet computers and these have been very well received and popular in the market.NextGenTabs has seen the demand for their tablet computers showing a steady increase month over month for the last six months.In using an exponential smoothing forecasting technique to forecast demand for future periods,NextGenTabs should use a smoothing constant (α) that is
A) low.
B) high.
C) random.
D) variable.
Correct Answer:

Verified
Correct Answer:
Verified
Q71: As per the bullwhip effect,which member of
Q72: The average rate of change in a
Q73: What will be the forecast for the
Q74: What is the bullwhip effect in supply
Q75: A manufacturer of printers introduces a new
Q77: A measure of forecasting error that tracks
Q78: Variation patterns that are repetitive and occur
Q79: A proactive balancing of scarce business resources
Q80: Removing the seasonal component from a historical
Q81: What is the Mean Absolute Deviation (MAD)if