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In simple exponential smoothing forecasting, to give higher weightage to recent demand information, the smoothing constant must be close to
[2013]
  • a)
     – 1
  • b)
    zero
  • c)
    0.5
  • d)
    1.0
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
In simple exponential smoothing forecasting, to give higher weightage ...
We know that
Conclusion:
It is showing the limit of responsiveness
 
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Most Upvoted Answer
In simple exponential smoothing forecasting, to give higher weightage ...
1
b) 0
c) -1
d) 0.5
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In simple exponential smoothing forecasting, to give higher weightage to recent demand information, the smoothing constant must be close to[2013]a)– 1b)zeroc)0.5d)1.0Correct answer is option 'D'. Can you explain this answer?
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