Which of the following statements comparing the weighted moving average technique and exponential smoothing is true? A) Exponential smoothing is more easily used in combination with the Delphi method. B) More emphasis can be placed on recent values using the weighted moving average. C) Exponential smoothing is considerably more difficult to implement on a computer. D) Exponential smoothing typically requires less record keeping of past data. E) Exponential smoothing allows one to develop forecasts for multiple periods, whereas weighted moving averages does not.

Question

Quizplus · Accepted Answer

Exponential smoothing requires less record keeping because it uses a formula that incorporates the most recent forecast and actual demand, rather than storing and using a large number of past data points like the weighted moving average.

Which of the Following Statements Comparing the Weighted Moving Average