Using the latest value in a sequence of data to forecast the next period is:
A) a moving-average forecast
B) a last-value forecast
C) an exponentially smoothed forecast
D) a causal forecast
E) None of the above
Correct Answer:
Verified
Q22: Period : Demand
1 :58
2 :59
3 :60
4 :61
-What
Q24: Judgmental forecasting methods have been developed to
Q25: The sales force composite method is a
Q29: Time-series data may exhibit which of the
Q30: Gradual, long-term movement in time-series values is
Q30: The last-value forecasting method:
A)is quick and easy
Q31: Forecasts can help a manager to:
A)anticipate the
Q32: Which of the following are costs of
Q33: The goal of time-series forecasting methods is
Q35: When statistical forecasting methods are used, it
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