Which technique is useful in computing seasonal relatives?
a. Delphi technique
b. Centred moving average
c. Double smoothing
d. Exponential smoothing
b. Centred moving average
The centred moving average method with appropriate periods used is useful in computing and incorporating the seasonal relatives based on which a Forecast may vary.
Which technique is useful in computing seasonal relatives? a. Delphi technique b. Centred moving average c....
Today's forecast equals yesterday's actual demand" is referred as A. a moving average B. exponential smoothing C. the naive approach. D. the Delphi method
1. Which of the following statements is (are) not correct in the context of the Delphi forecasting methodology? The Delphi Method involves: a. Consulting directly with groups of qualified individuals and then compiling their opinions into a forecast. b. Detailed online surveys of experts and the compiling of their individual answers to create a median result. c. Forecasting future company performance as a function of past operating and financial data. d. Research or planning groups within an organization when members...
-G Inventory Management Quiz 2 (Winter 2020) Which of the following is not necessarily an elemento forecast? echt Daphite Sentes movin Stock ed lon Select one: a. degree of accuracy stated b. time horizon long enough to be useful c. expressed in meaningful units d. low cost to complete e. technique is simple to understand and use the nico Which technique is useful in computing seasonal relatives? Cont
Which of the following is NOT a time-series model? a. exponential smoothing b. naive approach c. multiple regression d. moving average
Which of the following time series forecasting methods would not be used to forecast seasonal data? A. dummy variable regression B. simple exponential smoothing C. time series decomposition D. multiplicative Winters method
Forecasting Method Selection A tax accountant who calculates the total demand for her services from the past four years and divides by four to forecast demand for the next year is using which of the following? A) Exponential Smoothing B) Weighted Average C) Linear Regression D) Moving Average E) Delphi Method
When the moving average method is used to estimate the seasonal factors with quarterly sales data, a ______ period moving average is used. A. 5 B. 8 C. 4 D. 2 E. 3
9. A 3-period moving average places (a) more weight (b) less weight (c) the same weight on a new data point than exponential smoothing with alpha=0.2. 10. A process with a linear trend can best be forecasted using (a) regression (b) basic (first-order) exponential smoothing (c) seasonal indices (d) a or b (e) none of the above 11. A basic assumption for the EOQ model is (a) quantity discounts are...
12) Which of the following are qualitative forecasting methods? Select one or more: a. Exponential smoothing b. Causal Models c. Customer survey d. Delphi Method
Which of the following is not a forecasting method? a)Exponential smoothing b)Naive Method c)Exponential smoothing with trend d)Weightage average e)Index torecasting