7. Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four unit
Posted: Mon May 30, 2022 4:15 pm
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