Which one of the following time series forecasting methods will generate the most accurate forecasts when demands have a consistent trend pattern?
A) simple moving average method
B) weighted moving average method
C) exponential smoothing method
D) trend-adjusted exponential smoothing method

Question

Quizplus · Accepted Answer

Trend-adjusted exponential smoothing method is specifically designed to handle data with a trend, making it more accurate for forecasting when there is a consistent trend pattern in the data.

Which One of the Following Time Series Forecasting Methods Will