Question: Acheck processing center une exponential smoothing to forecast the number of incoming checko each month. The number of checks received in June wa 40 million

Acheck processing center une exponential
Acheck processing center une exponential smoothing to forecast the number of incoming checko each month. The number of checks received in June wa 40 million while the forecast was 42 milion. A smoothing constant of 0.25 is used a) Uning exponential smoothing and gluen a, the forecast for the month of Jy - million checks received fround your response to one decimal place). b) if the check processing center received 44 million check in the month of July, then using exponential smoothing and given the forecast for the month of August - million checks received fround your response to one decimal place c) Exponenti moothing may not be an appropriate method to use for the check processing center because OA the check processing center should observe a cyclotrend in the processing requirements O the check processing center should observe an increasing trend in its processing requirements OC. the check processing center's forecast is very hard to make as its processing requirements should have a very high variability D. the check processing center should observe seasonality in its processing requirements

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