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Author Question: Which one of the following statements about forecasting is FALSE? (Read 42 times)

CharlieWard

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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
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Marked as best answer by CharlieWard on Apr 18, 2020

shailee

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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.
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CharlieWard

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Reply 2 on: Apr 18, 2020
:D TYSM

xiaomengxian

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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