A salesperson has been asked to forecast her sales for the next month. To do so, she decides to average her sales from the past three months. This forecasting technique is referred to as?
A) Simple moving average
B) Weighted moving average
C) Exponential smoothing
D) Linear trend forecast
Correct Answer:
Verified
Q42: Joe's Donut Hole sold 1,500 donuts in
Q43: Joe's Donut Hole sold 1,500 donuts in
Q44: The smoothing constant for exponential smoothing must
Q45: Exponential smoothing relies on a weighted difference
Q46: Unexpected events may lead to demand that
Q48: A forecasting technique that uses an average
Q49: A forecasting method used when there is
Q50: A model when there are several independent
Q51: The simple moving average forecasting technique tends
Q52: Using the average of recent historical demand
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