All of the following are characteristics of the moving-average model, except ________.
A) very low relative cost
B) short-term forecast horizon
C) uses all past data in forecast
D) used for demand forecasting

Question

Quizplus · Accepted Answer

The moving-average model does not use all past data in its forecast; it uses a specific number of the most recent past data points to generate a forecast, making choice C incorrect.

All of the Following Are Characteristics of the Moving-Average Model