Use of a Smoothing Constant Value Greater Than 0

question 71

Multiple Choice

Use of a smoothing constant value greater than 0.5 in an exponential smoothing model gives more weight to ___________.

• A)the actual value for the current period
• B)the actual value for the previous period
• C)the forecast for the current period
• D)the forecast for the previous period
• E)the forecast for the next period

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Definitions:

Fewer People

A term describing a situation or context where there is a reduced number of individuals present.

Receiving Help

The act of accepting assistance or support from others, which can be necessary in times of need, difficulty, or learning new skills.

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Sense Of Solidarity

The feeling of unity and mutual support within a group, often arising from shared interests or objectives.