The _______ Method Uses Demand in the First Period to Forecast

question 52

Multiple Choice

The _______ method uses demand in the first period to forecast demand in the next period.

• A)naïve
• B)moving average
• C)exponential smoothing
• D)linear trend

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Definitions:

Financial Information

Data related to the financial status of a company, including income statements, balance sheets, and cash flow statements.

Decision

The process of making choices or identifying a course of action from several alternatives, often based on information or data analysis.

Relevant

Pertinent or related to the matter at hand, especially in the context of decision-making.

Proprietorship Form

A business organization that is owned and operated by an individual, where there is no legal difference between the owner and the business.