Exponential Smoothing Forecasts Are More Sensitive or Reactive to the Changes

question 19

Short Answer

Exponential smoothing forecasts are more sensitive or reactive to the changes in demand as the value of the smoothing constant, α, ________.

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Definitions:

Common Reasons

Common reasons refer to the usual or frequently occurring causes or motivations behind actions or events.

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a manual published by the American Psychiatric Association that categorizes mental disorders using diagnostic criteria.

Stands For

Used to indicate what the letters of an acronym represent or the meaning of a symbol or term.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a handbook used by healthcare professionals as the authoritative guide to the diagnosis of mental disorders.