This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which one of the following statements about forecasting is FALSE? (Read 39 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Apr 18, 2020
Which one of the following statements about forecasting is FALSE?
◦ The most frequently used time-series forecasting method is exponential smoothing because of its simplicity and the small amount of data needed to support it.
◦ You should use the simple moving-average method to estimate the mean demand of a time series that has a pronounced trend and seasonal influences.
◦ The weighted moving-average method allows forecasters to emphasize recent demand over earlier demand. The forecast will be more responsive to change in the underlying average of the demand series.
◦ In exponential smoothing, higher values of alpha place greater weight on recent demands in computing the average.
Operations Management ¦ Krajewski, Ritzman ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CharlieWard on Apr 18, 2020

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Apr 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


CharlieWard

  • Member
  • Posts: 578
Reply 2 on: Apr 18, 2020
:D TYSM

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

A 1998 false-colour near-infrared image of Uranus showing cloud bands, rings, and moons obtained by A 1998 false-colour near-infrared image of Uranus showing cloud bands, rings, and moons obtained by
Upper Airflow and Weather Forecasting Upper Airflow and Weather Forecasting
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Anterosuperior view of false pelvis (pink) Anterosuperior view of false pelvis (pink)
The human X chromosome (left) and the Y chromosome (right). This false-color scanning electron micro The human X chromosome (left) and the Y chromosome (right). This false-color scanning electron micro
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: Embryonic development - Week 3

For a complete list of videos, visit our video library