Question: 1.An exponential smoothing model Includes a trend adjustment factor Smooths out the forecasted numbers Includes a seasonality adjustment factor Both a) and b) are correct

1.An exponential smoothing model

Includes a trend adjustment factor

Smooths out the forecasted numbers

Includes a seasonality adjustment factor

Both a) and b) are correct

2. In the exponential smoothing model, low alpha () means

There is low seasonality in forecast

There is low randomness in demand

The model puts more weight on forecast

The model puts more weight on demand

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