Question: 18 A forecast based on the previous forecast plus a percentage of the forecast error is: Select one: a. an associative forecast. b. a naive

18 A forecast based on the previous forecast plus a percentage of the forecast error is: Select one: a. an associative forecast. b. a naive forecast. c. a simple moving average forecast. d. an exponentially smoothed forecast. e. a centred moving average forecast.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!