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The closer the smoothing constant, alpha , is to 1.0 the greater the dampening, or smoothing, effect greater the reaction to the most recent demand.
The closer the smoothing constant, \alpha , is to 1.0 the greater the dampening, or smoothing, effect greater the reaction to the most recent demand. less accurate the forecast. more accurate the fore
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Understanding Business Ethics
Authors: Peter A. Stanwick, Sarah D. Stanwick
3rd Edition
9781506303239
