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Assuming you got a job as a Forecasting Manager with a brand new firm that has no historical data. In a high level meeting it was decided that you will develop a Weekly Exponential Smoothing Forecasting model that would go back at least 4 weeks to make a Forecast. You have decided to use a Smoothing Constant of

Answer
a. 0.8

b. 0.4

c. 0.3

d. 0.5

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Operation Management, Management Studies

Category:- Operation Management
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