Sales forecasting using a moving average takes several recent periods of sales and uses the figures as a prediction of sales in the next period.

Name: Sales forecasting using a moving average takes several recent periods of sales and uses the figures as a prediction of sales in the next period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. Sales forecasting using a moving average involves taking the average of several recent periods of sales and using that figure to predict sales in the next period.

Sales Forecasting Using a moving Average Takes Several Recent Periods