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10...If a firm produced a product that was experiencing growth in demand, the smoothing constant alpha (reaction rate to differences) used in an exponential smoothing
10...If a firm produced a product that was experiencing growth in demand, the smoothing constant alpha (reaction rate to differences) used in an exponential smoothing forecasting model would tend to be which of the following?
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- 50 percent or more
- The more rapid the growth, the lower the percentage
- The more rapid the growth, the higher the percentage
- Close to zero
- A very low percentage, less than 10 percent
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