Question: a ) Using exponential smoothing and given , the forecast for the month of July = 4 0 . 3 million cheques received. ( Round
a Using exponential smoothing and given the forecast for the month of July million cheques received. Round your response to one decimal place. your response to one decimal place.
c Exponential smoothing may not be an appropriate method to use for the chequeprocessing centre because
A the chequeprocessing centre should observe a cyclical trend in its processing requirements.
B the chequeprocessing centre should observe seasonality in its processing requirements.
C the chequeprocessing centre's forecast is very hard to make as its processing requirements should have a very high variability.
D the chequeprocessing centre should observe an increasing trend in its processing requirements.
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