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What is the forecast for the month of February using exponential smoothing method with a smoothing coefficient = 0.1?

asked Dec 29, 2017 in im&or by chandu (215k points)

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Which one of the following methods can be used for forecasting

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What is the probability that a newly arrived customer has to wait?

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Using exponential smoothing method and taking smoothing constant a as 0.2?

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What will be the forecast for next period, using exponential smoothing?

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What will be the forecast for next period, using exponential smoothing?

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Coefficient of correlation is calculated in case of

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1. Delphi approach 2. Maximum criterion 3. Transportation model

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The forecast for the next period will be:

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The demand will be a function of:

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Which one of the following methods can be used for forecasting the sales potential of a new product?

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what is the value of the smoothening constant?

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Exponential smoothening methods are best suited under conditions when

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Average for a period is the demand of last

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Forecasting which assumes a static environment in the future is:

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The knowledge about the nature of time series components is required for

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In an exponentially weighted moving average, the weight of the demand of past periods

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Rolling horizon in forecast is used for

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Which of these characteristics of moving average method of forecasting are correct?

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The mean absolute deviation (MAD) and the BIAS are found to be

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