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?
a) A very low percentage, less than 10%
b) 50% or more
c) The more rapid the growth, the lower the percentage
d) Close to zero
e) The more rapid the growth, the higher the percentage
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If a firm produced a product that was experiencing growth in demand, the smoothing constant alpha (r...
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