One Technique of Forecasting Is Called the Moving Average

Multiple Choice

One technique of forecasting is called the Moving Average.In this method rather than using last years sales as the forecast, ___________.

A) A simple average for the last 2 or 4 years is used
B) A smoothing technique is used to determine the forecast
C) A decomposition of the industry is used to average the sales
D) An average is calculated using the mid-point of the sales trend and then is computed by multiplying it by a beta coefficient to get the next year's forecast
E) None of the above