Which of the Following Models Can Be Used When Demand

question 46

Multiple Choice

Which of the following models can be used when demand exhibits different types of changing trend patterns?

• A)simple exponential smoothing
• B)second-order or double smoothing
• C)third-order or triple smoothing
• D)linear trend multiplicative method

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Definitions:

Enlightenment

A philosophical movement in the 17th and 18th centuries emphasizing reason, individualism, and skepticism of traditional doctrines.

Collective Worship

Describes the act of a group of individuals coming together to honor, praise, or pray to a deity or higher power, emphasizing community and shared belief.

Durkheim

A pioneering French sociologist, Emile Durkheim, known for his foundational contributions to the field of sociology, including his studies on social cohesion and anomie.

Ritual

A set of fixed actions and sometimes words performed regularly, especially as part of a ceremony or to express a cultural or religious belief.