For exponential smoothing, you need
A) past forecast only
B) past demand only
C) past forecast and past demand
D) none of the above

Question

Quizplus · Accepted Answer

Exponential smoothing requires both past forecast and past demand data to calculate a new forecast. The past forecast is used as a starting point, and the past demand is used to adjust the forecast based on how much it differed from actual demand.

For Exponential Smoothing, You Need