Suppose that you are using exponential smoothing method described in this chapter to forecast sales, and you
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Suppose that you are using exponential smoothing method described in this chapter to forecast sales, and you know that sales will be decreasing every period for the foreseeable future. What value of alpha would be best (produce the smallest errors)?
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Managerial Decision Modeling Business Analytics With Spreadsheet
ISBN: 9781501515101
4th Edition
Authors: Nagraj Balakrishnan, Barry Render, Ralph Stair, Charles Munson
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