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In the exponential smoothing forecast model, choosing a higher value of alpha ( a ) will result in: A more smoothed forecast line A forecast
In the exponential smoothing forecast model, choosing a higher value of alpha a will result in:
A more "smoothed" forecast line
A forecast that more closely follows the actual demand pattern
A mean absolute deviation MAD forecast error that is less than a forecast with a lower alpha value
Less emphasis being placed on more recent actual demand data
Both a and d are correct
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