In exponential smoothing, if you wish to give a significant weight to the most recent observations, then

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In exponential smoothing, if you wish to give a significant weight to the most recent observations, then the smoothing constant should be

a. close to 0.

b. close to 1.

c. close to 0.5.

d. less than the error.

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Quantitative Analysis For Management

ISBN: 213168

12th Edition

Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna

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Question Posted: Feb 25, 2024 01:00 AM

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In exponential smoothing, if you wish to give a significant weight to the most recent observations, then

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ANSWER The correct answer is b close to 1 In exponential smoothing the smoothin...View the full answer

Quantitative Analysis For Management

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