When New Products Show a Steady Increase in Sales,a Low

question 44

True/False

When new products show a steady increase in sales,a low alpha value for the smoothing constant should be used in conjunction with the exponential smoothing technique in order to minimize forecast errors.

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Definitions:

Foreland Basin

A structural basin located adjacent to mountain ranges, formed by the flexing of the earth's crust due to the weight of the mountain range.

Ocean-Continent Convergent Margin

A boundary between tectonic plates where an oceanic plate is subducting beneath a continental plate, leading to volcanic and seismic activity.

Fold and Thrust Belt

A series of mountainous folds and fault-driven compressions in the Earth's crust, typically found at convergent tectonic plate boundaries.

Magmas

Molten rock beneath or within the Earth's crust, from which igneous rocks are formed.