______ is a short-term time series forecasting method in which forecasters assign more weight to most recent values in the time series if they feel that these values reflect how the actual demand will behave in the near future.
A)Moving average
B)Linear trend multiplicative method
C)Weighted moving average
D)Linear regression technique

Question

Quizplus · Accepted Answer

Weighted moving average method assigns more weight to recent values to make the forecast more responsive to changes in the time series. This method is suitable for short-term forecasting where recent data holds more relevance.

______ Is a Short-Term Time Series Forecasting Method in Which