Question: When the alpha selected for a simple exponential smoothing model is close to zero, the forecast a. will heavily weight the prior forecast period b.

  1. When the alpha selected for a simple exponential smoothing model is close to zero, the forecast

    a.

    will heavily weight the prior forecast period

    b.

    will vary around zero

    c.

    will heavily wieght the most recent demand

    d.

    will be accurate

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!