The forecasting model that assumes previous time periods have an equal influence on future sales is
A) exponential smoothing.
B) historical analogy.
C) mean absolute deviation.
D) moving average.
E) weighted moving average.

Question

Quizplus · Accepted Answer

The moving average forecasting model assumes that previous time periods have an equal influence on future sales. This model calculates the average of sales over a specific number of past periods and uses this average as the forecast for the next period.

The Forecasting Model That Assumes Previous Time Periods Have an Equal