A Forecast Based on the Previous Forecast Plus a Percentage

question 44

Multiple Choice

A forecast based on the previous forecast plus a percentage of the forecast error is a(n) :

• A) qualitative forecast.
• B) naive forecast.
• C) moving average forecast.
• D) weighted moving average forecast.
• E) exponential smoothing forecast.

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Definitions:

Poor Appetite

Reduced desire to eat, which can be a symptom of various medical conditions or may occur as a side effect of certain treatments.

Weight Loss

The reduction of total body mass due to a loss of fluid, body fat, or lean mass, often pursued for health, fitness, or aesthetic reasons.

Common Cold

A viral infectious disease of the upper respiratory tract that primarily affects the nose, throat, sinuses, and larynx.

Influenza

A highly contagious viral infection of the respiratory passages causing fever, severe aching, and often leading to serious complications.