Which of the following models can be used when demand exhibits different types of changing trend patterns?
A)simple exponential smoothing
B)second-order or double smoothing
C)third-order or triple smoothing
D)linear trend multiplicative method

Question

Quizplus · Accepted Answer

Second-order or double smoothing is used to handle data with a trend by applying exponential smoothing twice, which helps in capturing changing trend patterns.

Which of the Following Models Can Be Used When Demand