Because of Ease of Use and Simplicity,exponential Smoothing Is Preferred

question 79

True/False

Because of ease of use and simplicity,exponential smoothing is preferred over smoothing average.

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Definitions:

Efficiency

Achieving maximal output with minimal input.

Task Specialization

The process of dividing work into smaller tasks that are completed by workers who specialize in those tasks.

Worldwide Competition

The phenomenon where businesses or economies compete with each other across international borders for market share, resources, and talent.

Automation

The use of technology and machinery to perform tasks with minimal human intervention, often to increase efficiency, accuracy, and productivity in various industries.