With the Trend- Adjusted Exponential Smoothing Method

question 9

Multiple Choice

With the trend- adjusted exponential smoothing method,

• A) the only smoothing is done on the trend estimates using exponential smoothing.
• B) the forecast for the next period is simply the average computed this period.
• C) an estimate of the trend is computed by taking the difference between the demand this period and the demand last period to avoid lengthy averaging calculations.
• D) the forecast can be adjusted to account for changes in the trend.

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Definitions:

Simplify

The process of altering an expression into its most basic form or version, usually by combining like terms and applying mathematical operations.

Expression

A combination of symbols that represents a quantity or a relationship between quantities in mathematics or computer programming.

Rationalize

The process of modifying an expression to eliminate radicals from the denominator or complex numbers from the denominator of a fraction.

Denominator

The bottom part of a fraction that tells into how many equal parts the whole is divided.