Using the Exponential Smoothing Model for Forecasting,the Smoothing Constant Alpha

question 50

Multiple Choice

Using the exponential smoothing model for forecasting,the smoothing constant alpha determines the level of smoothing and:

• A)The slope of the growth curve
• B)The speed of reaction to differences between forecasts and actual results
• C)The intercept on the Y-axis
• D)The next forecast error
• E)A measure of forecast accuracy

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Definitions:

Common Bile Duct

A tube that carries bile from the liver and gallbladder into the duodenum, part of the small intestine.

Pancreatic Duct

A tube in the pancreas through which pancreatic juices flow into the small intestine.

Pancreatic Juice

A digestive fluid secreted by the pancreas containing enzymes that assist in the digestion of proteins, fats, and carbohydrates.

Canines

The sharp, pointed teeth next to the incisors in mammals that are often used for biting and tearing food.