Moving Average Forecasting Techniques Do the Following

question 129

Multiple Choice

Moving average forecasting techniques do the following:

• A)Immediately reflect changing patterns in the data.
• B)Lead changes in the data.
• C)Smooth variations in the data.
• D)Operate independently of recent data.
• E)Assist when organizations are relocating.

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Definitions:

Queue Discipline

The rule or policy used to determine the order in which members of a queue are served or processed.

Queuing System's Performance

Evaluation of how effectively a queuing system manages the flow of items or individuals requiring service, based on metrics such as wait times and service efficiency.

Average Queue Length

The average number of items or people waiting in line over a specified period of time, used in analyzing the efficiency of service systems.

Utilization Factor

The ratio of the actual time a system, machine, or resource is used to the total time it is available, often expressed as a percentage to indicate efficiency or capacity usage.