Simple Exponential Smoothing Is Being Used to Forecast Demand

question 156

Multiple Choice

Simple exponential smoothing is being used to forecast demand.The previous forecast of 66 turned out to be 3 units less than actual demand.The next forecast is 66.6,implying a smoothing constant,alpha,equal to:

• A)01
• B)10
• C)15
• D)20
• E)60

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