Under Exponential Smoothing,if We Want Forecasts to Be Very Responsive

question 27

Multiple Choice

Under exponential smoothing,if we want forecasts to be very responsive to recent demand,the value of alpha should be:

• A)Large
• B)Small
• C)Moderate
• D)Zero
• E)The value of alpha does not matter.

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Definitions:

Work Environment

The physical and psychological conditions under which employees operate, encompassing aspects like office layout, safety standards, company culture, and interpersonal relationships.

Differentiation

The difference between the highest and lowest interest types. Well-differentiated interests predict more stable occupational choices.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors, thoughts, and emotions.

Socioeconomic Status

A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.