_____________ is used best to forecast demand.
A) Exponential smoothing
B) Historical analogy
C) Dephi method
D) Econometrics
Correct Answer:
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Q21: Long-term forecasts do not deal with predictions
Q23: _ is the smoothing constant for the
Q23: Survey results are used in:
A) regression.
B) cross-impact
Q26: Demand for hotel services will require the
Q26: The usual range of the smoothing constant
Q27: The forecast horizon for regression methods is
Q29: Characteristics of forecasting models include all but
Q33: Exponential smoothing uses a feedback control
Q37: The _ forecasting method requires the most
Q39: In forecasting, the term 'cycle' refers to
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