Multiple Choice
Which of the following is/are true regarding moving averages?
A) Crucial to the success of the forecast is determining the ideal number of periods to include in the average.
B) Large numbers of periods make the forecast react quickly to changes in a series.
C) All periods are weighted equally, and this speeds up reaction to changes in a series.
D) Two of the above, and they are b and
E) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: NAICS stands for:<br>A) North American Industry Classification
Q15: Exponential smoothing assumes that the future will
Q16: Forecasts prepared with the percentage rate of
Q17: Use the following data to find the
Q18: Predictions of the actual volume that is
Q20: "MAPE" stands for Mean Absolute Percentage Exponentiation.
Q21: The sales force composite method is especially
Q22: Actual sales are normally equal to potential
Q23: Potentials are the minimum possible sales for
Q24: Sales forecasts for new products may be