Which forecasting technique below assumes that demand in the next period will be equal to the most recent period's demand?
A) weighted moving average
B) moving average
C) exponential smoothing
D) naïve method

Question

Quizplus · Accepted Answer

The naïve method assumes that demand in the next period will be equal to the most recent period's demand. This method is best used when there are no trends or seasonality present in the data, and when the demand is stable over time.

Which Forecasting Technique Below Assumes That Demand in the Next