$5$

Mutiple Choice

$5$ points

For the same data, two sets of forecasts are made, one using exponential smoothing with alpha $-0\mathrm{.}2$ and the other with alpha $-0\mathrm{.}8.$

With the higher value of alpha, the forecasts will:

Be more responsive to actual demand

De more accurate

Give less weight to the most recent period compared to other periods

Not change much from period to period