10. The forecast was 70 units for the current period while actual demand was 76. The forecast for the next period is 75.8. What's alpha if a simple exponential smoothing forecast metho being used? A. 0.097 OB. 0.967 OC. 0.004 OD. 0.040 Mark for review (Will be highlighted on the review page) << Previous Question Next Question >>
10. The forecast was 70 units for the current period while actual demand was 76. The forecast for the next period is 75.8. What's alpha if a simple exponential smoothing forecast metho being used? A. 0.097 OB. 0.967 OC. 0.004 OD. 0.040 Mark for review (Will be highlighted on the review page) << Previous Question Next Question >>
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 42P: The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars)...
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