Question: pound. What is the objective function? $1A+$2B=Z$12A+$8B=Z$8A+$12B=Z$2A+$1B=Z QUESTION 2 An exponential smoothing forecast tends to be more responsive to changes in the data series when

pound. What is the objective function?

pound. What is the objective function? $1A+$2B=Z$12A+$8B=Z$8A+$12B=Z$2A+$1B=Z QUESTION 2 An exponential smoothing forecast tends to be more responsive to changes in the data series when the smoothing constant alpha is big. True False QUESTION 3 Which one of these is not used in decision making under risk? A. EMV B. All of the above ones are for decision under risk. c. Decision Tree D. Minimax Regret E. EVPI

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