Use of a Smoothing Constant Value Greater Than 0

question 71

Multiple Choice

Use of a smoothing constant value greater than 0.5 in an exponential smoothing model gives more weight to ___________.

• A)the actual value for the current period
• B)the actual value for the previous period
• C)the forecast for the current period
• D)the forecast for the previous period
• E)the forecast for the next period

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Definitions:

Breached Contract

A situation where one or more parties to a contract fail to fulfill their obligations as specified in the agreement.

Partnership

A business structure where two or more individuals share ownership, responsibilities, and the profits or losses of the business.

Service Of Notice

The process of formally delivering legal documents to a person or entity to inform them of legal proceedings or actions.

Legal Obligations

Duties imposed by law upon individuals or entities, requiring them to act (or refrain from acting) in a certain way.