When is the exponential smoothing model equivalent to the nave forecasting model? a. a = 0 b.

Question:

When is the exponential smoothing model equivalent to the naïve forecasting model?

a. a = 0

b. a = 0.5

c. a = 1

d. never

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Quantitative Analysis For Management

ISBN: 9781292217659

13th Global Edition

Authors: Barry Render, Ralph M. Stair, Michael Hanna, Trevor Hale

See More Books

Question Posted: Jul 09, 2024 09:01 AM

See More Questions

When is the exponential smoothing model equivalent to the nave forecasting model? A. \alpha = 0 B. \alpha = 1 C. never D. \alpha = 0.5
When is the exponential smoothing model equivalent to the nave forecasting model? A. never B. \alpha = 0 C. \alpha = 1 D. \alpha = 0.5
When is the exponential smoothing model equivalent to the nave forecasting model? a. never b. \alpha = 0 c. \alpha = 1 d. \alpha = 0.5
A school district comprises 24 schools. The numbers of students in each of the schools are as follows: The district wants to implement an experimental teaching and learning model for approximately...
If Idle v. City Co. is authority, to what extent?
Does a product always have to sell for the same price everywhere? Briefly explain.
2 For the first 50 years of business, the Johnson Carpet Company produced carpets for residential use. The salesforce was structured geographically. In the past five years, a large percentage of...
As noted in C 3 4, Datura, Ltd., sold 15,000 sets of pottery in 2010. For the next year, 2011, Daturas strategic planning team targeted sales of 15,000 sets of pottery, reduced the selling price to...
Harry Warrington is the CEO of Hellshire distribution company and is confused regarding the treatment of Research and Development expenditures. Define both terms and explain to him the difference in...
If the Q1 demand for a particular year is 200 and the seasonal index is 0.85, what is the deseasonalized demand value for Q1? a. 170 b. 185 c. 215 d. 235.29
Which of the following methods gives an indication of the percentage of forecast error? a. MAD b. MSE c. MAPE d. decomposition
In 2020, Annie Cook and several family members formed Treehouse Rentals, Inc., in Denver, Colorado. Treehouse is a closely held C corporation engaged in the rental real estate business. Treehouse...
What is an incident in which a famous person wore or used a product (not as part of a paid endorsement or ad) and it caused a buying frenzy. Explain how the manufacturer or service provider reacted
What is a "heavyweight project team" and how does it differ from the traditional approach used for organizing development projects at Eli Lilly?This consists of two issues:First, an evaluation of the...
Consider the closed-loop system shown in Figure P11.6, where the transfer function of the process is that of a second-order system, i.e. k Ts +25TS +1 G,(s)= Y sp(s) E(s) U(s) Y(s) Ge(s) Gp(s) Figure...
1. Do you feel we have come along way with inventory in 10 years? 2. How did COVID affect the supply chain in your current hospital? Were any of the inventory systems/topics used, or relevant or...
Identify at least one way in which your writing skills have improved this semester and reflect on how you might use this skill in your career. You can include research, presentation, and report...
A review of the ledger of Felipe Company at December 31, 2012, produces the following data pertaining to the preparation of annual adjusting entries.1. Salaries and Wages Payable $0: There are eight...
Suppose the spot and six-month forward rates on the Norwegian krone are Kr 5.78 and Kr 5.86, respectively. The annual risk-free rate in the United States is 3.8 percent, and the annual risk-free rate...
Which of the following statements is true? Financial measures tend to be lag indicators that report on the results of past actions. LA profit center is responsible for generating revenue, but it is...
Andretti Company has a single product called a Dak. The company normally produces and sells 8 0 , 0 0 0 Daks each year at a selling price of $ 5 6 per unit. The company s unit costs at this level of...
What are the major characteristics of plant assets? Choose one category of PP&E (land, land improvements, buildings or equipment) and describe the costs that may be capitalized with this asset.

When is the exponential smoothing model equivalent to the nave forecasting model? a. a = 0 b.

Question:

Step by Step Answer:

Quantitative Analysis For Management

Students also viewed these Business questions