All but One of the Following Are Characteristics of the Moving-Average

question 14

Multiple Choice

All but one of the following are characteristics of the moving-average model:

• A) very low relative cost.
• B) short term forecast horizon.
• C) uses all past data in forecast.
• D) used for demand forecastsing.

---

Definitions:

Payroll Deductions

Amounts that are automatically withheld from an employee's wages by their employer, typically for taxes, social security, and benefits.

Variable Expenses

Costs that change in amount and type, depending on activities and choices, such as eating out, entertainment, and travel.

Fire Extinguisher

A portable device used to put out small fires by discharging a substance that cools the burning material, deprives the flame of oxygen, or interferes with the chemical reactions occurring in the flame.

Positive Activities

Actions or pursuits that contribute to well-being and happiness, often involving physical, mental, or social engagement.