A Static Method of Forecasting

question 18

Multiple Choice

A static method of forecasting

• A)assumes that the estimates of level,trend,and seasonality within the systematic component do not vary as new demand is observed.
• B)assumes that the estimates of level,trend,and seasonality within the systematic component vary as new demand is observed.
• C)the estimates of level,trend,and seasonality are updated after each demand observation.
• D)All of the above are true.

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Definitions:

Consistent Annual Contributions

Regular annual payments or deposits made into a financial account or investment to grow savings over time.

Compounded Annually

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

Compounded Annually

Describes the process where interest is calculated and added to the principal sum of an investment or loan once a year.

Maximize Benefits

The process of optimizing outcomes or advantages from a given set of resources or actions.