In Trend-Adjusted Exponential Smoothing, the Trend Adjusted Forecast (TAF) Consists

question 159

Multiple Choice

In trend-adjusted exponential smoothing, the trend adjusted forecast (TAF) consists of:

• A)an exponentially smoothed forecast and a smoothed trend factor
• B)an exponentially smoothed forecast and an estimated trend value
• C)the old forecast adjusted by a trend factor
• D)the old forecast and a smoothed trend factor
• E)a moving average and a trend factor

---

Definitions:

Economic Needs

The fundamental requirements for goods and services that satisfy basic needs like shelter, food, and clothing, as well as desires for improved quality of life.

Recession

A significant decline in economic activity across the economy, lasting for a period of months or years, typically recognized by a decrease in GDP.

Satisfying Product

A product that meets or exceeds customer expectations, providing them with value and satisfaction.

Product Benefit

The value or advantage that a product offers to the customer, addressing their needs or solving their problems, often used as a key selling point.