Assume you are forecasting with an exponential smoothing, Operation Management

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Assume you are forecasting with an exponential smoothing

Assume you are forecasting with an exponential smoothing model using α = 0.6.

A. How much weight is placed on the most recent actual demand? (Round your answer to 1 decimal place)

_____

B. How much weight is given to the demand one time period older than the most recent data? (Round your answer to 2 decimal places)

_____

C. How much weight is given to data from two periods in the past? (Round your answer to 3 decimal places)

_____

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Operation Management: Assume you are forecasting with an exponential smoothing

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Operation Management: Assume you are forecasting with an exponential smoothing

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