A smoothing constant of .1 will cause an exponential smoothing forecast to react more quickly to a sudden change than a smoothing constant value of .3.

Name: A smoothing constant of .1 will cause an exponential smoothing forecast to react more quickly to a sudden change than a smoothing constant value of .3.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

A higher smoothing constant (like .3 compared to .1) gives more weight to the most recent actual demand, causing the forecast to react more quickly to changes.

A Smoothing Constant of