When Using Exponential Smoothing,if You Want the Forecast to React

question 24

Multiple Choice

When using exponential smoothing,if you want the forecast to react quickly to movements in the series,you should choose:

• A)values of near 1
• B)values of near 0
• C)values of midway between 0 and 1
• D)it depends on the data set

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Definitions:

Organization's Needs

The requirements or demands of an organization necessary for it to achieve its objectives and operate efficiently.

Salary and Benefits

The compensation and additional perks offered to an employee for their service, including health insurance, retirement contributions, and paid leave.

Realistic Job Simulation

A method used in employee selection and training that replicates the actual tasks and conditions of a job to evaluate a candidate's performance.

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