Question: In the exponential smoothing method, the closer the smoothing constant, alpha, is to 0.0 the: a) smaller the reaction to the actual demand b) greater
In the exponential smoothing method, the closer the smoothing constant, alpha, is to 0.0 the:
a) smaller the reaction to the actual demand
b) greater the reaction to the actual demand
c) improve the accuracy of the forecast
d) greater the dampening effect or smoothing effect
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
