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:

Saturated Fats

Fats that contain no double bonds between carbon atoms, typically solid at room temperature and found in animal fats and some vegetable oils.

Refined Grain

Grain products that have been processed to remove the bran and germ, leaving behind the endosperm, often resulting in a loss of nutrients.

Complex Carbohydrates

Carbohydrates consisting of long chains of sugar molecules, found in foods such as grains, vegetables, and legumes, providing sustained energy.

Lacteal

A lymphatic capillary located in the villi of the small intestine, responsible for absorbing dietary fats and transporting them to the circulatory system.