Under exponential smoothing, if we want forecasts to be very responsive to recent demand, the value of alpha should be:
A. Large
B. Small
C. Zero
D. The value of alpha does not matter.
E. Moderate
Answer: A. Large
Under exponential smoothing, if we want forecasts to be very responsive to recent demand, the value of alpha should be:
A. Large
B. Small
C. Zero
D. The value of alpha does not matter.
E. Moderate
Answer: A. Large
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.