Simple Exponential Smoothing Is Being Used to Forecast Demand

question 35

Multiple Choice

Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four units less than actual demand. The next forecast is 66.6, implying a smoothing constant, alpha, equal to:

• A) .01.
• B) .10.
• C) .15.
• D) .20.
• E) .60.

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Definitions:

Perspective Taking

the ability to understand and consider the thoughts, feelings, and viewpoints of others, a critical aspect of empathy and social relations.

Securely Attached

A term from attachment theory describing individuals who have developed a healthy and positive emotional bond with their caregivers, leading to confidence and independence.

Authoritarian Parents

Parents who impose strict rules, expect unquestioned obedience, and often use punishment to control children's behavior.

Permissive-Indulgent

A parenting style characterized by high responsiveness and low demandingness, where parents are very involved with their children but set few rules and boundaries.