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Which of the following results will be produced by increasing the alpha ( alpha ) value in an exponential smoothing model? Question 6 options:
Which of the following results will be produced by increasing the alpha alpha value in an exponential smoothing model?
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the ability of the forecast process to respond to seasonality in demand will be reduced.
the amount of data that needs to be stored to support the forecasting process will be reduced
The influence of more recent demands in computing future forecasts will be reduced
the sensitivity of the forecast process to recent changes in demand will increase
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