Question: 0 I Help A cheque-processing centre uses exponential smoothing to forecast the number of incoming cheques each month. The number of cheques received in June

0 I Help A cheque-processing centre uses
0 I Help A cheque-processing centre uses
0 I Help A cheque-processing centre uses exponential smoothing to forecast the number of incoming cheques each month. The number of cheques received in June 38 million while the forecast was 41 milion A smoothing constant of 0.20 is used a) Using exponential smoothing and given a the forecast for the month of July = million cheques received (Round your raponse to one decimal place) b) If the cheque processing centre received 44 million cheques in the month of July, then using exponential smoothing and given the forecast for the marthol August - million cheques received (Round your response to one decimal plico) c) Exponential smoothing may not be an appropriate method to use for the cheque processing centre because O A. the cheque processing centre's forecast is very hard to make as its processing requirements should have a very high variabilly B. the cheque-processing centre should observe a cyclical trend in its processing requirements the cheque processing centre should observe an increasing trend in its processing requirements OD. the cheque processing centre should observe seasonality in its processing requirements Gradec The following table shows the actual demand observed over the years 1 5 Year Demand 1 11 9 This exercio contine only partic and d b) Using the year moving average provide the forecast ride to Ver Forca c) Ching they werage with its 1:40.000 student per control Meanded for the force development

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