Which of the Following Statements Most Accurately Describes the Outcome

question 24

Multiple Choice

Which of the following statements most accurately describes the outcome of using a simple moving average model to forecast demand that has a strong trend?

• A)Using more periods in the moving average calculation will produce better forecasts.
• B)Moving average models require less historical data than exponential smoothing models.
• C)Moving averages must be weighted in order to accurately predict a trend.
• D)Changes in forecasts produced by a moving average model will lag behind changes in demand.

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Definitions:

Kazimir Malevich

A Russian avant-garde artist and art theorist, best known for his development of the Suprematist movement, which emphasized basic geometric forms and pure artistic feeling.

Suprematist Theories

Artistic theories associated with the Suprematism movement, emphasizing basic geometric forms and the supremacy of pure artistic feeling over the depiction of objects.

Influenced

To have an effect on the character, development, or behavior of someone or something, or the effect itself.

Rectangular Format

A shape or layout that is longer in length than in height or width, common in paintings, photographs, and screens.