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If we use a simple exponential smoothing method with ??=0.3, ??11=100 and ??12=120, what is your forecast for next year? A. 120 B. 126 C. 128 D. None of the above 10. Which one is NOT part of the reasons to keep inventory? A. To allow flexibility in production scheduling B. To meet variation in product demand C. To maintain dependence of operations D. To provide a safeguard for variation in raw material delivery time

If we use a simple exponential smoothing method with ??=0.3, ??11=100 and ??12=120, what is your forecast for next year? A. 120 B. 126 C. 128 D. None of the above 10. Which one is NOT part of the reasons to keep inventory? A. To allow flexibility in production scheduling B. To meet variation in product demand C. To maintain dependence of operations D. To provide a safeguard for variation in raw material delivery time

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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If we use a simple exponential smoothing method with ??=0.3, ??11=100 and ??12=120, what is your forecast for next year?
A. 120
B. 126
C. 128
D. None of the above
10. Which one is NOT part of the reasons to keep inventory?
A. To allow flexibility in production scheduling
B. To meet variation in product demand
C. To maintain dependence of operations
D. To provide a safeguard for variation in raw material delivery time
 
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