B)exponential smoothing
A special form of the moving average model in which the forecast for the next period is calculated as the weighted average of the current period's actual value and forecast.
If you think this helped do give a thumbs up else share your queries in comment section.
Which of the following is a quantitative forecasting method? A. Jury of executive opinion B. exponential...
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
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 forecasting methods uses top experts in the field? executive opinions the Delphi method sales force composites quantitative analysts
Which of the followings is not used in forecasting based on the simple exponential smoothing method? A) The most recent forecast for the past year B) Precise actual demand for the past year C) The value of the smoothing constant D) Trend for the past year Please explain.
Which method of forecasting uses all the available observations? Naive. Moving averages. Exponential smoothing MAPE
QUESTION 16 The forecasting method that pools the opinions of high level executives often in a round-table group discussion is called O jury of executive opinion sales force composite Delphi method. trend projection a and conly. QUESTION 17 Evolutionary service designs include: additions to the existing lineup of services to enhance services already being offered service improvements, to improve quality style changes, such as remodeling refurbishing and renovation all of the above none of the above QUESTION 18 The four...
8 Which method of sales forecasting is based on the informal but informed opinions of managers? A. The product stages method B. The jury of executive opinion method C. The moving average method D. The regression method E. The salesforce estimation method 10 During the ________ stage of the product life cycle, sales are primarily based on the need to replace products. A. growth B. maturity C. decline D. introduction E. Saturation 13 Which management function precedes and is the...
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
1: Please select the right statement(s) that apply to the exponential smoothing with trend adjustment forecasting method Select one or more: a. The exponential smoothing with trend adjustment requires the initial forecast b. The use of exponential smoothing with trend adjustment is appropriate when the underlying average of the time series is either increasing or decreasing c. α and β should be carefully selected between 0 and 1 in a way to minimize the forecasting errors d. Setting α close...
5. Summarize in the form of a table (a) the characteristics, (b) the strengths, and (c) the weakness for the following qualitative methods: (i) Jury of executive opinion, (ii) Delphi method, and (iii) Market survey