When Forecasting with Exponential Smoothing, Data from Previous Periods Is

question 93

Multiple Choice

When forecasting with exponential smoothing, data from previous periods is _________.

• A)given equal importance
• B)given exponentially increasing importance
• C)ignored
• D)given exponentially decreasing importance
• E)linearly decreasing importance

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Definitions:

CPM Network

Critical Path Method Network, a project management tool that models tasks and their dependencies as a network to identify key deadlines and the longest stretch of dependent activities.

Predecessors

Refers to elements or tasks that must be completed before a certain task or element can begin in scheduling and project management.

Successor

An entity or individual that follows or comes after another in a specific role, position, or sequence.

Pessimistic Time

The “worst” activity time that could be expected in a PERT network.