The forecasting model that assumes previous time periods have some influence on future sales, but the influence varies by time period, is
A) exponential smoothing.
B) historical analogy.
C) mean absolute deviation.
D) moving average.
E) weighted moving average.

Question

Quizplus · Accepted Answer

The weighted moving average forecasting model assumes that previous time periods influence future sales, but it assigns different weights to these periods, indicating that the influence varies by time period.

The Forecasting Model That Assumes Previous Time Periods Have Some