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    Moving average and exponential smoothing

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    ____________ moving averages react more slowly to recent demand changes than do ____________ moving averages.
    Longer-period / shorter-period
    Shorter-period / longer-period
    Longer-period / longer-period
    Shorter-period / shorter-period

    In exponential smoothing, the closer alpha is to _________, the greater the reaction to the most recent demand.
    -1 or 1

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