Which time-series model below assumes that demand in the next period will be equal to the most recent period's forecast? A. naive approach O B. moving average approach OC. trend projection D. weighted moving average approach O E. exponential smoothing approach with a = 0

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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Which time-series model below assumes that demand in the next period will be equal to the most recent period's forecast?
A. naive approach
B. moving average approach
OC. trend projection
D. weighted moving average approach
O E. exponential smoothing approach with α = 0
Transcribed Image Text:Which time-series model below assumes that demand in the next period will be equal to the most recent period's forecast? A. naive approach B. moving average approach OC. trend projection D. weighted moving average approach O E. exponential smoothing approach with α = 0
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