Question: PLEASE ANSWER ASAP Choose the correct statements. (Choose all that apply) A-Exponential smoothing is a sophisticated weighted moving average. B-In exponential smoothing, when demand is
PLEASE ANSWER ASAP
Choose the correct statements. (Choose all that apply)
A-Exponential smoothing is a sophisticated weighted moving average.
B-In exponential smoothing, when demand is fairly stable, use a lower value for alpha since it is more responsive to real changes.
C-In exponential smoothing, alpha is commonly selected from 0 to 1.
D-Actual - forecast is the error term.
Choose the correct statements. (Choose all that apply)
A-In exponential smoothing, when demand increasing or decreasing, use a lower value for alpha since it is more responsive to real changes.
B-In exponential smoothing, it is easy to alter weighting.
C-Exponential smoothing is easy to use.
D-In exponential smoothing, new forecast is based on the previous actual value plus a percentage of the difference between that forecast and the previous actual value.
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