Moving Average (MA) Methods Work Best When

question 15

Multiple Choice

Moving average (MA) methods work best when:

• A) a long planning horizon is involved.
• B) a cyclical pattern is observed in a time series.
• C) demand is relatively stable and consistent.
• D) there is a major trend in a time series.

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Definitions:

Imperative

Something that is considered absolutely necessary or obligatory; a command or principle that must be followed.

Economic Subsystem

A division within a larger economic system that operates its own particular processes or functions, such as agriculture or manufacturing.

Adaptive

Characterizing an ability or tendency to adjust effectively to new conditions or environments.

Imperative

Describes something that is absolutely necessary or required, often used in the context of commands or duties.