Explain, briefly, why, in the exponential smoothing forecasting method, the larger the value of the smoothing constant, ?, the better the forecast will be in allowing the user to see rapid changes in the variable of interest
What will be an ideal response?
The larger the value of ?, the greater is the weight placed on the most recent values.
Business
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_____ risks occur when consumers feel that making the wrong decision might cause some concern or anxiety
a. Physiological b. Financial c. Social d. Psychological
Business
A capacity decision in a call center, such as the number of customer service representatives to answer the phone during a peak period, can be addressed using a(n) ________
Fill in the blanks with correct word
Business