Question: A forecast based on the previous forecast plus a percentage of the forecast error is: a . naive forecast b . exponentially smoothing forecast c

A forecast based on the previous forecast plus a percentage of the forecast error is:
a. naive forecast
b. exponentially smoothing forecast
c. simple moving average forecast
d. centered moving average forecast
e. Associative forecastOrganizations that decided to produce a good or service itself (in source). has the following advantage: a. Ability to oversee the entire process b. Access to state of the art products/services c. Low investment risk d. High strategic flexibility and improved cash flow
 A forecast based on the previous forecast plus a percentage of

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!