Question: A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 38 million

A check-processing center uses exponential

A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 38 million while the forecast was 41 million. A smoothing constant of 0.25 is used. a) Using exponential smoothing and given a, the forecast for the month of July = million checks received (round your response to one decimal place) the forecast for the month of August = b) If the check-processing center received 45 million checks in the month of July, then using exponential smoothing and given million checks received (round your response to one decimal place) c) Exponential smoothing may not be an appropriate method to use for the check-processing center because O A. the check-processing center should observe a cyclical trend in its processing requirements OB. the check-processing center should observe an increasing trend in its processing requirements C. the check-processing center's forecast is very hard to make as its processing requirements should have a very high variability OD, the check-processing center should observe seasonality in its processing requirements A is 2. W Click to Lansers ere to search

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