Demand one time period older than the most recent data

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Reference no: EM132104704

Assume you are forecasting with an exponential smoothing model using α = 0.48.

a. How much weight is placed on the most recent actual demand? (Round your answer to 2 decimal places.)

Weight of the date __________

b. How much weight is given to the demand one time period older than the most recent data? (Round your answer to 3 decimal places.)

Weight of the data ________

c. How much weight is given to data from two periods in the past? (Round your answer to 3 decimal places.)

Weight of the data ________

Reference no: EM132104704

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