The double smoothing technique adds twice the forecast error to last period's actual demand to arrive at a forecast.

Question

Quizplus · Accepted Answer

The double smoothing technique, often associated with exponential smoothing methods, does not simply add twice the forecast error to the last period's actual demand. Instead, it involves two levels of smoothing (simple and double exponential smoothing) to adjust the forecast based on recent trends.

The Double Smoothing Technique Adds Twice the Forecast Error to Last