When using exponential​ smoothing, the smoothing constant A. can be determined using MAD. B. should be chosen to maximiz

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

When using exponential​ smoothing, the smoothing constant A. can be determined using MAD. B. should be chosen to maximiz

Post by answerhappygod »

When using exponential​ smoothing, the smoothing constant
A.
can be determined using MAD.
B.
should be chosen to maximize positive bias.
C.
indicates the accuracy of the previous forecast.
D.
is typically between .75 and .95 for most businessapplications.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply