The trend corrected exponential smoothing (Holt's Model)forecast method is appropriate when
A) demand has observable trend or seasonality.
B) demand has no observable trend or seasonality.
C) demand has observable trend but no seasonality.
D) demand has no observable level or seasonality.
E) none of the above

Question

Quizplus · Accepted Answer

Holt's Model is designed for data with a trend but without seasonality, as it includes components for level and trend.

The Trend Corrected Exponential Smoothing (Holt's Model)forecast Method Is Appropriate