Multiple Choice
If a firm produced a product that was experiencing growth in demand, the smoothing constant alpha (reaction rate to differences) used in an exponential smoothing forecasting model would tend to be which of the following?
A) Close to zero.
B) A very low percentage, less than 10%.
C) The more rapid the growth, the higher the percentage.
D) The more rapid the growth, the lower the percentage.
E) 50% or more.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: A company has calculated its running sum
Q9: A tracking signal (TS) can be calculated
Q16: Qualitative forecasting techniques generally take advantage of
Q22: In a forecasting model using simple exponential
Q40: In time series data depicting demand, which
Q47: Which of the following forecasting methodologies is
Q64: As a consultant, you have been thinking
Q65: Given a prior forecast demand value of
Q67: Which of the following is not one
Q99: Exponential smoothing is always the best and