Examlex
Which of the following statements is true about smart factories?
Responsiveness
Refers to the ability of a business or system to quickly react to changes or demands in the environment.
Greater Smoothing
A technique used in data analysis and time series forecasting to reduce volatility or noise in data points.
Promotional Efforts
Activities and campaigns designed to increase awareness or sales of a product or service, typically involving advertising and marketing tactics.
Six-month Moving Average
A method of smoothing data by calculating the average of six consecutive months' worth of data, continuously updated month by month.
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