Which of the Following Statements Comparing the Weighted Moving Average

question 49

Multiple Choice

Which of the following statements comparing the weighted moving average technique and exponential smoothing is true?

• A) Exponential smoothing is more easily used in combination with the Delphi method.
• B) More emphasis can be placed on recent values using the weighted moving average.
• C) Exponential smoothing is considerably more difficult to implement on a computer.
• D) Exponential smoothing typically requires less record keeping of past data.
• E) Exponential smoothing allows one to develop forecasts for multiple periods, whereas weighted moving averages does not.

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Definitions:

Average Cost

The total cost of production divided by the number of goods produced, representing the cost per unit of output.

Marginal Cost

The financial outlay for creating one further unit of a good or service.

Extent Decisions

Decisions related to the scale or scope of an operation or project, often involving considerations of expansion or reduction.

Tract of Trees

A large area of land predominantly covered by forest or a specific type of tree, often used for timber or conservation purposes.