Suppose That the Single Exponential Smoothing (SES) Model Was Applied

question 3

Multiple Choice

Suppose that the single exponential smoothing (SES) model was applied to data measuring demand for a particular part needed by customer with results as shown below.The likely value used for α is ________________________

• A)1.0
• B)0.9
• C)0.8
• D)0.5
• E)0.2

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Definitions:

Medicine Cup

A small cup used to measure and dispense liquid medication in precise doses, often marked in milliliters and teaspoons.

Oral Medication

Medication that is taken by mouth and swallowed.

Medicine Cup

A small container used to measure and administer liquid medication doses accurately.

Oral Medication

A type of medication that is taken by mouth and swallowed, usually in the form of tablets, capsules, or liquids.