Which of the following is NOT a characteristic of exponential smoothing?
A) smooths random variations in the data
B) uses an easily altered weighting scheme
C) weights each historical value equally
D) has minimal data storage requirements
E) uses the previous period's forecast

Question

Quizplus · Accepted Answer

Exponential smoothing does not weight each historical value equally, as it places greater weight on more recent observations.

Which of the Following Is NOT a Characteristic of Exponential