Question: Stable forecasts _____________ whereas responsive forecasts ________________. Group of answer choices are best for long-range decisions; are best for short-range decisions rely on human judgement
Stable forecasts _____________ whereas responsive forecasts ________________. Group of answer choices are best for long-range decisions; are best for short-range decisions rely on human judgement and opinions; require large, reliable data sets use high alpha values for exponential smoothing; use low alpha values are best in vague situations such as new products; can consider large amounts of data. better ignore temporary demand fluctuations; adapt more quickly to true changes in mean demand
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