Which of the Following Statements Comparing the Weighted Moving Average

question 49

Multiple Choice

Which of the following statements comparing the weighted moving average technique and exponential smoothing is true?

• A) Exponential smoothing is more easily used in combination with the Delphi method.
• B) More emphasis can be placed on recent values using the weighted moving average.
• C) Exponential smoothing is considerably more difficult to implement on a computer.
• D) Exponential smoothing typically requires less record keeping of past data.
• E) Exponential smoothing allows one to develop forecasts for multiple periods, whereas weighted moving averages does not.

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Definitions:

Molding

The process of shaping a pliable raw material by using a rigid frame or model called a mold.

Assembly

The process of putting together various components or pieces to build a finished product.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to estimate the cost of manufacturing overhead for a specific activity base.

Machine-Hours

An indicator of the time spent in production, calculating the duration in hours that machinery is active during the manufacturing cycle.