Question: ( 3 ) Exponential smoothing with a smoothing constant equal to . 2 0 , assuming a March forecast of 1 9 ( 0 0
Exponential smoothing with a smoothing constant equal to assuming a March forecast of
The naive approach.
A weighted average using for August, for July, and for June.
c Which method seems least appropriate? Why? Hint: Refer to your plot from part a d What does use of the term sales rather than demand presume?
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