If You Were Calculating a Forecast Using an Exponential Smoothing

question 5

True/False

If you were calculating a forecast using an exponential smoothing model, a calculation using  = 0.2 would be putting a greater emphasis on recent data, while a calculation using  = 0.8 would be putting a greater emphasis on past data.Thus a lower  is more responsive to changes in demand in the most recent periods.

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