7. Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four unit

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

7. Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four unit

Post by answerhappygod »

7 Simple Exponential Smoothing Is Being Used To Forecast Demand The Previous Forecast Of 66 Turned Out To Be Four Unit 1
7 Simple Exponential Smoothing Is Being Used To Forecast Demand The Previous Forecast Of 66 Turned Out To Be Four Unit 1 (18.43 KiB) Viewed 44 times
7. Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four units less than actual demand. The next forecast is 66.6, implying a smoothing constant, alpha, equal to: A. 0.01 B. 0.10 C. 0.15 D. 0.20 E. 0.60
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”