Identify Three Advantages of the Moving Average Forecasting Model

question 132

Essay

Identify three advantages of the moving average forecasting model. Identify three disadvantages of the moving average forecasting model.

---

Definitions:

Observed

Noted or perceived through careful attention or surveillance.

Genotype

The genetic constitution of an individual organism, determining inherited characteristics.

Phenotype

Describes the set of observable characteristics or traits of an organism as a result of the interaction of its genotype with the environment.

Eye Color

A genetic trait determined by multiple genes and the levels of melanin in the iris, influencing the coloring of the eye.