In Using a Moving Average Forecasting Technique,as the Number of Averaging

question 34

Multiple Choice

In using a moving average forecasting technique,as the number of averaging period,k,increases:

• A)the forecast will respond more quickly to recent changes in the data
• B)the forecast will be more accurate especially if the data exhibits a trend
• C)the moving average will increase in value
• D)the moving average approximates the weighted moving average
• E)the moving average will smooth out variations

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Producer

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Marketing Channel

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Retail Stores

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Manufacturer

An entity or business that produces goods on a large scale using machinery, labor, and raw materials.