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
Answer: [d] Weighted average
Explanation:
Weighted average is not forecasting, but a method of averaging of past results. It does not project the future figures.
Which of the following is not a forecasting method? a)Exponential smoothing b)Naive Method c)Exponential smoothing with...
Which method of forecasting uses all the available observations? Naive. Moving averages. Exponential smoothing MAPE
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 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.
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...
Which of the following is a quantitative forecasting method? A. Jury of executive opinion B. exponential smoothing C. market survey D. sales force composite
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 a qualitative forecasting method A trend projection B linear regression C naive approach D Delphi method
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
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
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