Mechanical Engineering > GATE 2013 SET-3 > Forecasting
In simple exponential smoothing forecasting, to give higher weightage to recent demand information, the smoothing constant must be close to
A
-1
B
zero
C
0.5
D
1.0

Correct : d

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simple exponential smoothing forecasting mechanical engineering GATE Mechanical Engineering 2013 smoothing constant choice higher weight recent demand mechanical engineering gate exponential smoothing mechanics forecast smoothing constant

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