Multiple Choice
Which of the following is not a strength of the moving averages method of forecasting?
A) Results can be tested statistically.
B) It is well suited to situation in which sales forecasts are needed for a large number of products.
C) It is good for products with fairly stable sales.
D) It smoothes out small random fluctuations.
E) It can compensate to some degree for trends if double moving average model is used.
Correct Answer:
Verified
Correct Answer:
Verified
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