Question: 2 4 2 points Under exponential smoothing, if we want our forecast to be more responsive / sensitive to the recent actual demand, then we

24
2 points
Under exponential smoothing, if we want our forecast to be more responsive/sensitive to the recent actual demand, then we should
A. decrease alpha.
B. not change
C. the value for alpha doesn't matter
D. increase
24 2 points Under exponential smoothing, if we want our forecast

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Under exponential smoothing, if we want our forecast to be more responsive / sensitive to the recent actual demand, then we should _ _ _ _ _ _ _ _ _ _ alpha. Under exponential smoothing, if we want...

Q:

Supply Chain Management Introduction Outline What is supply chain management? Significance of supply chain management. Push vs. Pull processes utdallas.edu/~metin 1 A Generic Supply Chain Sources:...

Q:

1: Describe and explain the terms climate sensitivity, fat tail, and low beta, and how they relate to climate change. 2: What are the estimated economic costs of global warming? Can we trust these...

Q:

Under exponential smoothing, if we want our forecast to be more responsive / sensitive to the recent actual demand, then we should _ _ _ _ _ _ _ _ _ _ alpha. Under exponential smoothing, if we want...

Q:

Under exponential smoothing, if we want our forecast to be more responsive / sensitive to the recent actual demand, then we should _ _ _ _ _ _ _ _ _ _ alpha. Under exponential smoothing, if we want...

Q:

enj Productivity may be measured either on aggregate basis or on individual basis, which are called total and partial measure. Total productivity Index/measure = Total output/Total input = Total...

Q:

ndnd Table 1: SBH fields (NIST report, CBEFF 2004, p.6) Field Name Required or Options SBH Security Options R Integrity Options R CBEFF Header Version Patron Header Version O 0 Biometric Type O...

Q:

The Aleidon Middle School forecasts its lunch meals using the exponential smoothing method. The recent results and forecasts have been as follows: Forecast Actual Demand Day 1 315 325 Day 2 350 330...

Q:

Use Solver to determine the alpha that minimizes the MSE for the exponential smoothing forecast for the data that appear in this table. Use the actual demand of period 1 as the forecast for period 2...

Q:

Use Solver to determine the alpha that minimizes the MSE for the exponential smoothing forecast for the data that appear in this table. Use the actual demand of period 1 as the forecast for period 2...

Q:

On January 1, 2018, Karen Company revalued its equipment with a cost of Php 12,000,000 acquired 4 years ago with an estimated useful life of 20 years and has been estimated to have a replacement cost...

Q:

3 4 B. Given population 15, 12, 6, 9, and 17. Suppose samples of size 3 are drawn from this population. Complete the table and draw the sketch of histogram. Describe the distribution. Possible...

Q:

Use the following returns for x and Y . \ table [ [ , Returns ] , [ Year , X , Y Show how to do this on excel

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...