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:

Unpleasant Event

An incident or occurrence that causes discomfort, distress, or dissatisfaction.

Pleasant Event

An occurrence or experience that brings joy, satisfaction, or happiness to those involved.

Negative Reinforcement

A psychological strategy that involves the removal of an unfavorable outcome or stimulus to increase the likelihood of a desired behavior.

Positive Reinforcement

A technique in behavior management that involves providing a reward or incentive following a desired behavior to increase the likelihood of its recurrence.