Question: Under what condition is the exponential smoothing method turned into the nave method (i.e., the last period's actual demand is used as this period's forecast)?
Under what condition is the exponential smoothing method turned into the nave method (i.e., the last period's actual demand is used as this period's forecast)?
O None of the other choices
O Smoothing constant a - 0
O Smoothing constant a- 1
O Smoothing constant 0< a< 1
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
