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An exponential smoothing is being used to forecast demand. Which of the following alpha value (or error weight) should be used if the demand is highly sensitive to the current events and external factors? a. 0.75 b. 0.05 c. -1.5 d. 0.0 e. 1.75

An exponential smoothing is being used to forecast demand. Which of the following alpha value (or error weight) should be used if the demand is highly sensitive to the current events and external factors? a. 0.75 b. 0.05 c. -1.5 d. 0.0 e. 1.75

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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An exponential smoothing is being used to forecast demand. Which of the following alpha value (or error weight) should be used if the demand is highly sensitive to the current events and external factors?

a. 0.75
b. 0.05
c. -1.5
d. 0.0
e. 1.75
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