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Business, 09.10.2019 19:30 pizarroisaid

Which one of the following statements about forecasting is true? group of answer choices you should use the simple movingāˆ’average method to estimate the mean demand of a time series that has a pronounced trend and seasonal influences. in exponential smoothing, lower values of alpha place greater weight on recent demands in computing the average. the most frequently used timeāˆ’series forecasting method is exponential smoothing because of its simplicity and the small amount of data needed to support it. the weighted movingāˆ’average method allows forecasters to emphasize earlier demand over recent demand. the forecast will be more responsive to change in the underlying average of the demand series.

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