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    Exam 16: Demand Forecasting Methods
  5. Question
    New Forecast = [(α *Latest Observation)+((1 - α)* Old Forecast)]
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New Forecast = [(α *Latest Observation)+((1 - α)* Old Forecast)]

Question 1

Question 1

Multiple Choice

New forecast = [(α *latest observation) +((1 - α) * old forecast) ] is the formula for ______.


A) moving average
B) weighted moving average
C) exponential smoothing
D) factor rating method

Correct Answer:

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