Question: You used a simple exponential smoothing model to forecast demand for headache tablets. You have observed that as the value of the smoothing constant approaches
You used a simple exponential smoothing model to forecast demand for headache tablets. You have observed that as the value of the smoothing constant approaches zero, the accuracy of the forecast improves. You now decide to use a moving average model. Should the number, n, of periods to be included in the moving average be relatively small, or relatively large? Justify your answer
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