When Exponential Smoothing Is Used for Forecasting,the Forecast Will Tend

question 56

True/False

When exponential smoothing is used for forecasting,the forecast will tend to be too high for time series that are increasing (positive trend)and too low for time series that are decreasing (negative trend).

---

Definitions:

Longest Time

The maximum duration taken to complete a specific task or set of tasks within a project or process.

PERT Project

Program Evaluation and Review Technique, a project management tool used to plan, schedule, and control complex projects.

Expected Completion

An estimated time or date by which a project, task, or operation is predicted to be finished, taking into account various factors affecting its progress.

Duration Variance

A measure used in project management to quantify the difference between the planned and actual duration of project activities.