Question: Consider your work on smoothing constants. A large smoothing constant has which of the following effects on the forecast? A large smoothing constant makes the

Consider your work on smoothing constants. A large smoothing constant has which of the following effects on the forecast?

A large smoothing constant makes the forecast more responsive to changing demand. This occurs because the model considers more of the difference between the actual demand and forecasted demand.

A large smoothing constant makes the forecast less responsive to changing demand. This occurs because the model considers less of the difference between the actual demand and forecasted demand.

A large smoothing constant doesn't really change the reactiveness of the forecast, as much as the reactiveness to the MAD. A larger smoothing constant, tends to smooth the error more.

Consider your work on smoothing constants. A large smoothing constant has

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