Question: You used a simple exponential smoothing model to predict demand for headache pills. You observed that the closer the value of the smoothing constant gets

You used a simple exponential smoothing model to predict demand for headache pills. You observed that the closer the value of the smoothing constant gets to zero, the more the accuracy of the forecasts improves. You now decide to make use of 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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