You Are Given That the Forecast for the Current Period

question 17

Multiple Choice

You are given that the forecast for the current period of 70 turned out to be 6 units less than the actual demand.The forecast for the next period is 75.8.What must alpha equal (rounded to 4 decimals) if a simple exponential smoothing forecast method were being used?

• A)0.0042
• B)0.9667
• C)0.0400
• D)0.0967
• E)None of the above

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Definitions:

Glossopharyngeal Nerve

The ninth cranial nerve, which is involved in tasting, swallowing, and other functions of the throat and mouth.

Trigeminal Nerve

The fifth cranial nerve, responsible for sensory data from the face and head, and motor functions such as biting and chewing.

Chewing Reflex

An involuntary movement of the jaw that occurs in response to the presence of food in the mouth, aiding in mechanical digestion.

Oral Cavity

The mouth, an opening in the body equipped with teeth, tongue, and salivary glands, serving as the beginning of the digestive tract.