Which technique is used in quantitative forecasting methods?
A) exponential smoothing
B) sales force composite approach
C) executive opinion summaries
D) consumer surveys

Question

Quizplus · Accepted Answer

Exponential smoothing is a quantitative forecasting method that uses a weighted moving average of past data as the basis for a forecast. This technique applies more weight to more recent data in a time series, making it responsive to changes or trends in the observed data.

Which Technique Is Used in Quantitative Forecasting Methods