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:

Cognitively Limited

Describes a condition or state where an individual's mental capacity is restricted in understanding or processing information.

Preoperational Stage

A stage in Piaget's theory of cognitive development, typically from ages 2 to 7, characterized by symbolic thinking, egocentrism, and a lack of logical reasoning.

Represent Objects

The process of using symbols, words, or other means to depict or stand in for real-world entities or concepts.

Piaget

A Swiss developmental psychologist best known for his theory of cognitive development that describes how children develop logical thinking over time.