Which one of the following are among the major reasons that exponential smoothing has become well accepted as a forecasting technique?
A) Accurate and easy to use
B) Sophistication of analysis
C) Predicts turning points
D) Captures patterns in historical data
E) Ability to forecast lagging data trends

Question

Quizplus · Accepted Answer

The Answer of Which one of the following are among the major reasons that exponential smoothing has become well accepted as a forecasting technique?
A) Accurate and easy to use
B) Sophistication of analysis
C) Predicts turning points
D) Captures patterns in historical data
E) Ability to forecast lagging data trends

Which One of the Following Are Among the Major Reasons