Which of the Following Forecasting Methods Puts the Least Weight

question 48

Multiple Choice

Which of the following forecasting methods puts the least weight on the most recent time series value?

• A) exponential smoothing with α = .3
• B) exponential smoothing with α = .2
• C) moving average using the most recent 4 periods
• D) moving average using the most recent 3 periods

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Definitions:

Dental Services

Professional care related to the maintenance and treatment of oral health delivered by licensed practitioners.

Economic Profit

The dissimilarity between total sales revenue and comprehensive spending, including both clear-cut and notional costs.

Price Competitively

Setting a price point for goods or services with the intention of attracting customers by being more favorable or advantageous than those of competitors.

Low Barriers To Entry

Conditions that allow for easy entry into a market by new competitors, often leading to increased competition.