Identify Two Advantages of the Moving Average Forecasting Model

question 146

Essay

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

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience, often derived from a position of trust or leadership.

Glen Ridge

A small suburban township located in Essex County, New Jersey, United States.

Community Value

The shared beliefs, norms, and standards of a group that guide and influence the behavior and interactions within the community.

Hand-delivered

The method of physically transporting a document or package directly to the recipient by a person, rather than using a postal or courier service.