Which of the following forecasting methods can be used for short-term forecasting?
A) Simple exponential smoothing
B) Delphi technique
C) Market research
D) Hoskins-Hamilton smoothing
E) Serial regression

Question

Quizplus · Accepted Answer

Simple exponential smoothing is commonly used for short-term forecasting as it gives more weight to recent observations, making it suitable for data with no clear trend or seasonal pattern.

Which of the Following Forecasting Methods Can Be Used for Short-Term