Multiple Choice
Using exponential smoothing,if we want forecasts to be very responsive to recent demand,the value of alpha should be
A) large.
B) moderate.
C) small.
D) The value of alpha does not matter.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: The life cycles analogy technique fits best
Q12: The goal of forecasting is to select
Q13: Tracking signal is the ratio between cumulative
Q14: If a sales representative tells his or
Q15: Using the data from Question 11,calculate the
Q17: Given the following information for period 15,what
Q18: What is the exponentially smoothed forecast for
Q19: The difference between actual demand and the
Q20: Which of the following is INCORRECT about
Q21: Simple exponential smoothing forecasts are reliable for