A Six-Month Moving Average Forecast Is Generally Better Than a Three-Month

question 50

Multiple Choice

A six-month moving average forecast is generally better than a three-month moving average forecast if demand:

• A) is rather stable.
• B) has been changing due to recent promotional efforts.
• C) follows a downward trend.
• D) exceeds one million units per year.
• E) follows an upward trend.

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Definitions:

Grape

A fruit, typically grown in clusters, used for eating fresh or in making wine.

Apple

A technology company known for its innovation in consumer electronics, software, and services, as well as a fruit that is edible, round, and typically red or green.

Exemplars

Instances or examples that are typical of a category or concept, used in cognitive processes to classify or identify specific items.

Formal Concepts

Abstract ideas or categories defined by a set of rules or characteristics that objects or individuals must possess to be included in the category.