In order to increase the responsiveness of a forecast made using the moving average technique, the number of data points in the average should be:
A) decreased.
B) increased.
C) multiplied by a larger alpha.
D) multiplied by a smaller alpha.
E) eliminated if the MAD is greater than the MSE.
Correct Answer:
Verified
Q60: Which of the following would be an
Q61: Averaging techniques are useful for:
A)distinguishing between random
Q62: The forecasting method which uses anonymous questionnaires
Q63: Simple exponential smoothing is being used to
Q64: Putting forecast errors into perspective is best
Q66: A forecast based on the previous forecast
Q67: Given an actual demand of 59, a
Q68: One reason for using the Delphi method
Q69: Moving average forecasting techniques do the following:
A)Immediately
Q70: For the data given below, what would
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents