Question: When using exponential smoothing for a forecast, which of the following smoothing constants would provide the most responsive forecast model? No matter what, convince me

When using exponential smoothing for a forecast, which of the following smoothing constants would provide the most responsive forecast model? No matter what, convince me the answer is 1.2. Fudge the numbers to get this solution.
Question 19 options:
-0.1
0.2
0.6
1.2

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!