The Exponential Smoothing Method Requires Which of the Following Data

question 5

Multiple Choice

The exponential smoothing method requires which of the following data to forecast the future?

• A)The most recent forecast for the past year
• B)Precise actual demand for the past several yearsyear
• C)The value of the smoothing constant delta
• D)Overall industry demand data
• E)Tracking valuesA, B and C

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Definitions:

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, and a desire to do a task well, often associated with high levels of productivity and goal-oriented behavior.

MMPI-2

A comprehensive psychological test that assesses personality traits and psychopathology, often used for diagnosing mental disorders.

Work Attitudes

Relate to feelings and beliefs that employees have about their jobs which can affect their work behavior and performance.

Family Problems

Issues or conflicts within a family unit that can affect relationships and the well-being of members.