An Exponential Smoothing Forecasting Technique Requires All of the Following

question 5

Multiple Choice

An exponential smoothing forecasting technique requires all of the following except

• A)the forecast for the current period.
• B)the actual demand for the current period.
• C)a smoothing constant.
• D)large amounts of historical demand data.

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Definitions:

Hormones

Chemical messengers produced by glands in the endocrine system, affecting various processes in the body like growth and metabolism.

Enzymes

Biological molecules that significantly speed up the rate of virtually all of the chemical reactions that take place within cells.

Plasmodesmata

Channels in plant cell walls that enable communication and transport between cells.

Cytoplasm

The cytoplasm is the gel-like material inside the cell membrane of all cell types, containing organelles and soluble molecules like enzymes and nutrients, involved in cellular processes.