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The sales of a product during the last four years were 860, 880,870 and 890 units. The forecast for the fourth year was 876 units. If the forecast for the fifth year, using simple exponential smoothing, is equal to the forecast using a three period moving average the value of the exponential smoothing constant is[2005]a)1/7b)1.5c)2/7d)2/5Correct answer is option 'C'. Can you explain this answer? for Mechanical Engineering 2024 is part of Mechanical Engineering preparation. The Question and answers have been prepared according to the Mechanical Engineering exam syllabus. Information about The sales of a product during the last four years were 860, 880,870 and 890 units. The forecast for the fourth year was 876 units. If the forecast for the fifth year, using simple exponential smoothing, is equal to the forecast using a three period moving average the value of the exponential smoothing constant is[2005]a)1/7b)1.5c)2/7d)2/5Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Mechanical Engineering 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The sales of a product during the last four years were 860, 880,870 and 890 units. The forecast for the fourth year was 876 units. If the forecast for the fifth year, using simple exponential smoothing, is equal to the forecast using a three period moving average the value of the exponential smoothing constant is[2005]a)1/7b)1.5c)2/7d)2/5Correct answer is option 'C'. Can you explain this answer?.

Solutions for The sales of a product during the last four years were 860, 880,870 and 890 units. The forecast for the fourth year was 876 units. If the forecast for the fifth year, using simple exponential smoothing, is equal to the forecast using a three period moving average the value of the exponential smoothing constant is[2005]a)1/7b)1.5c)2/7d)2/5Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Mechanical Engineering. Download more important topics, notes, lectures and mock test series for Mechanical Engineering Exam by signing up for free.

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