Question: An exponential smoothing model having a small a value ( closer to zero ) is more responsive to recent demand changes is less responsive to

An exponential smoothing model having a small a value (closer to zero)
is more responsive to recent demand changes
is less responsive to recent demand
places most of the emphasis on the recent demand data
is always the most effective and recommended weighting scheme
An exponential smoothing model having a small a value (closer to

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

An exponential smoothing model having a small Alpha value (doser to zero) 02. is more responsive to recent demand changes Obsless responsive to recent demand OL places most of the emphasis on the...

Q:

2)A graphical plot with sales on the Y axis and time on the X axisis a A)Scatter diagram. B)Trend projection. C)Radar chart. D)Line graph. E)Bar chart. 5)Assume that you have tried three different...

Q:

1. One of the reasons Wal-Mart is such an efficient firm is because they utilize cross-docking and thus decrease their inventory carrying cost. (Points: 2) True False 2. Because it cannot generate...

Q:

1 (2 points) Which of the following statements are true? Question 1 options: Probabilities must be negative. Probabilities can either be positive or negative. Probabilities must be nonnegative....

Q:

An exponential smoothing model having a large is less responsive to recent demand. places greater emphasis on the past demand data. is not a time - series model. is always the most effective...

Q:

A weighted moving average having the early periods more heavily weighted (a) is more responsive to recent demand changes. (b) is less responsive to recent demand. (c) places emphasis on the past...

Q:

Examples 1,2,3 1. Beyond Tea Inc. wants to forecast sales of its menthol green tea. The company is considering either using a simple mean or a three-period moving average to forecast monthly sales....

Q:

Chapter 3 Describe and explain the terms climate sensitivity, fat tail, and low beta, and how they relate to climate change. What are the estimated economic costs of global warming? Can we trust...

Q:

1: Describe and explain the terms climate sensitivity, fat tail, and low beta, and how they relate to climate change. 2: What are the estimated economic costs of global warming? Can we trust these...

Q:

1 Use data in Worksheet Q1-9 to answer questions 1 to 9. The data is for a sample of dealerships and was collected for the second week of August 2016. Which variables are qualitative? A. New Car...

Q:

Quality is an important in a project, what is the difference between quality planning, quality assurance, and quality control?

Q:

According to the "spending hypothesis" an exogenous fall in spending on goods and services triggered the Great Depression in 1930. According to the competing "money hypothesis" the willingness of the...

Q:

1 0 points eBook Print References Check my workCheck My Work button is now enabled Item 4 Items 1 through 1 6 represent a series of unrelated statements, questions, excerpts, and comments taken from...

Q:

Why is it secure to accept a digital certificate from a CA ? Question 1 8 options: because the digital certificate is encrypted using the user's public key because the digital certificate is...