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Operations and Supply Chain Management 14th Edition by Robert Jacobs,Richard Chase
Edition 14ISBN: 978-0077535179Operations and Supply Chain Management 14th Edition by Robert Jacobs,Richard Chase
Edition 14ISBN: 978-0077535179 Exercise 8
Assume that you are using exponential smoothing with an adjustment for trend. Demand is increasing at a very steady rate of about five units per week. Would you expect your alpha and delta parameters to be closer to one or zero?
Explanation
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The smoothing constants Alpha and Delta ...
Operations and Supply Chain Management 14th Edition by Robert Jacobs,Richard Chase
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