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  6) The exponential smoothing forecasting technique a form of weighted

Question :   6) The exponential smoothing forecasting technique a form of weighted : 2065986

 

6) The exponential smoothing forecasting technique is a form of weighted moving average.

7) The double exponential smoothing technique requires the use of two smoothing constants.

8) The Mean Absolute Deviation (MAD) is equal to the square root of the Mean Squared Error (MSE).

9) A smoothing constant of 0.2 will cause the exponential smoothing forecasting technique to react more quickly to a sudden change in historical demand as compared to using a smoothing constant value of 0.7.

10) Forecasting techniques such as moving averages and exponential smoothing represent smoothed (averaged) values of the historical time series data.

 

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