In exponential smoothing with trend, the forecast consists of:
A) an exponentially smoothed forecast and a smoothed trend factor.
B) the old forecast adjusted by a trend factor.
C) the old forecast and a smoothed trend factor.
D) a moving-average and a trend factor.
E) None of the answer choices is correct.

Question

Quizplus · Accepted Answer

Exponential smoothing with trend involves calculating both an exponentially smoothed forecast and a smoothed trend factor. The forecast is then adjusted by adding the trend factor to account for any changes in the trend over time. Therefore, choice A is the correct answer.

In Exponential Smoothing with Trend, the Forecast Consists Of