Multiple Choice
If a firm produced a standard item with relatively stable demand, the smoothing constant alpha (reaction rate to differences) used in an exponential smoothing forecasting model would tend to be in which of the following ranges?
A) 5% to 10%
B) 20% to 50%
C) 20% to 80%
D) 60% to 120%
E) 90% to 100%
Correct Answer:
Verified
Correct Answer:
Verified
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