As the exponential smoothing constant increases, the resulting forecast tends to?
a. Become less responsive to changes in the previous period’s demand
b. Become more responsive to changes in the previous period’s demand
c. Become neither more nor less responsive to changes in the previous period’s demand
d. It is impossible to determine how the forecast will change due to changes in the smoothing constant
b. Become more responsive to changes in the previous period’s demand
You might also like to view...
Functional depreciation occurs when a fixed asset is no longer able to provide services at the level for which it was intended
Indicate whether the statement is true or false
The declaration and distribution of a stock dividend has no effect on total stockholders' equity of a corporation
Indicate whether the statement is true or false
Patagonia shows that a company that transforms its corporate strategy to emphasize "doing good" socially and environmentally cannot do well economically.
Answer the following statement true (T) or false (F)
_____ is the first condition that must be met to create a product or service brand
a. Product differentiation b. Perceived value c. Relevance d. Permission marketing