A Moving Average Forecast Is More Responsive to Changes in the Historical

question 13

True/False

A moving average forecast is more responsive to changes in the historical demand when a higher value of n is used-i.e. ,when more demand periods are used in computing the forecast.

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Definitions:

Conditioned Stimulus

A stimulus that initially has no effect but, after being paired with an unconditioned stimulus, eventually induces a conditioned response.

Classical Conditioning

An educational process that happens when a stimulus in the environment is associated with a stimulus that occurs naturally.

Love

An intricate mixture of feelings, actions, and convictions linked to intense sensations of love, protection, comfort, and esteem towards someone else.

Conditioned Response

An acquired reaction to a stimulus that was initially neutral, developed through its repeated association with a stimulus that naturally triggers a response.