A Forecasting Technique That Takes the Average Demand for Some

question 7

Multiple Choice

A forecasting technique that takes the average demand for some past number of periods is called:

• A) trend time analysis
• B) moving average
• C) exponential smoothing
• D) none of the above
• E) all of the above

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Definitions:

Multigrain

A term used to describe products made from a mixture of different types of grains, often perceived as a healthier option compared to single-grain items.

Low-calorie Bread

A type of bread designed with fewer calories per serving than traditional bread, catering to diet-conscious consumers.

Segmenting

The process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics.

Positioning

Repositioning a product or brand means strategizing its place in the market and consumer's mind, often in relation to competitors, through marketing, design, and messaging.