Question: Consider the following forecasting model: If decreases from 0 . 5 to 0 . 2 , then in the forecast for period , which of
Consider the following forecasting model:
If decreases from to then in the forecast for period which of the following statements are true?
Select all correct answers
The forecasted value will be smaller.
It will give more weight to potential trends in demand.
It will decrease the forecast error.
It will give more weight to the whole history of observations.
It will give more weight to the most recent observation,
None of the above.
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