Question: please help answer. thanks. The closer the smoothing constant, , is to 0 (zero) the greater the reaction to the most recent demand. the greater

please help answer. thanks.

The closer the smoothing constant, , is to 0 (zero) the greater the reaction to the most recent demand. the greater the dampening, or smoothing, effect. the more accurate the forecast. the less accurate the forecast. A mathematical technique for forecasting that relates the dependent variable to an independent variable is correlation analysis. exponential smoothing. linear regression. weighted moving average

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