Question: When using exponential smoothing, the smoothing constant A . is typically between . 7 5 and . 9 5 for most business applications. B .
When using exponential smoothing, the smoothing constant
A is typically between and for most business applications.
B can be determined using MAD.
C should be chosen to maximize positive bias.
D indicates the accuracy of the previous forecast.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
