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Question
Given a prior forecast demand value of 1,100, a related actual demand value of 1,000 and a smoothing constant alpha of 0.3, what is the exponential smoothing forecast value?
A. 1,000
B. 1,030
C. 1,070
D. 1,130
E. 970
Answer
This answer is hidden. It contains 1 characters.
Related questions
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When material is ordered from a vendor, which of the following is not a reason for delays in the order arriving on time?
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C. An unexpected strike at the vendor's plant
D. A lost order
E. Redundant ordering systems
Q:
Firms keep supplies of inventory for which of the following reasons?
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C. There is variety for the workers through the mixing of models produced
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Q:
Using the cut-and-try method for aggregate operations planning we can determine the production requirement in units of product. If the beginning inventory is 100 units, the demand forecast is 1,200 and the necessary safety stock is 20% of the demand forecast, which of the following is the production requirement?
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When recovering from a defective service encounter a botched task calls for an apology.
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The operations and supply strategy framework presented in the textbook includes which of the following enterprise capabilities?
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Q:
What is sometimes humorously referred to as a "gozinto chart"?
A. Assembly drawing
B. Assembly chart
C. Process flowchart
D. Operation and route sheet
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Q:
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Q:
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