Using Exponential Smoothing, the Demand Forecast for Time Period 10 $\alpha$

question 37

Multiple Choice

Using exponential smoothing, the demand forecast for time period 10 equals the demand forecast for time period 9 plus

• A)\(\alpha\) times (the demand forecast for time period 8)
• B)\(\alpha\) times (the error in the demand forecast for time period 9)
• C)\(\alpha\) times (the observed demand in time period 9)
• D)\(\alpha\) times (the demand forecast for time period 9)

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Definitions:

Forgiveness

The conscious, deliberate decision to release feelings of resentment or vengeance toward a person or group who has harmed you.

Offenses

Acts that violate legal rules or social norms, ranging from minor infractions to serious crimes.

Mischievously

In a manner that is playfully naughty or troublesome, often causing minor harm or irritation.

Altruistic Punishment

The finding that people will sometimes sacrifice their own gain for the betterment of all, by punishing people who cheat the system