what are some benefits of the gas industry using the Moving Average method?
Advantages of moving average method
1) this method on gas prices get to focus on the recent events that directly effect the gas prices.
2) the seasonality of the prices is considered
3) Also the random variation can also be studied in this regard where it would be minimal.
4) Also the computation would be easy here
what are some benefits of the gas industry using the Moving Average method?
Discuss the advantages and disadvantages of using the moving average method
In order to increase the responsiveness of a forecast made using the moving-average method, the number of values in the average should be: multiplied by a smaller alpha. multiplied by a larger alpha. increased from the current value. adjusted with smoothing. None of the responses are accurate
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What are the challenges and benefits of using a mixed research method (qualitative and quantitive)?
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Using the perpetual inventory system of the moving average method, the LIFO method, and FIFO method, Zoola, Inc. provided the following information regarding its inventory for the current year, its second year of operations. beginning inventory 3,000 units at $17.00 unit cost, Purchases, January 23, 4,500 units 16.00 unit cost, Purchases February 14, 1,200 units 16.50 unit cost, Purchases, March 17, 2,300 units, 17.00 unit cost, Units Sold-April 13 at $20 9,600 units, Purchases, May 5, 5,600 units 15.00 unit...
Linear regression is most similar to which of the following? A. the simple moving average method of forecasting B. the weighted moving average method of forecasting C. the trend projection method of forecasting D. the naive method of forecasting
What are some ethical concerns or benefits of using GMOs based on the Christian Worldview? (Refer to “Here’s What Religious Experts Have to Say About Faith and GMOs” for help answering this question.)