Question: 2 1 point What is the implication of using a high smoothing factor ( close to 1 ) in exponential smoothing? It gives more weight

21point
What is the implication of using a high smoothing factor (close to 1) in exponential smoothing?
It gives more weight to recent demand data in the forecast.
It makes the forecast less sensitive to recent changes in data.
It emphasizes older data more heavily in the forecast.
It reduces the impact of any trends in the data.
21point What is the implication of using a high smoothing factor

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