Question: Forecasting methods for development forecasts are an important instrument in the industrial goods marketing. Which statement about the mentioned forecasting methods is CORRECT? a) The
Forecasting methods for development forecasts are an important instrument in the industrial goods
marketing. Which statement about the mentioned forecasting methods is CORRECT?
a)
The MAD (Mean Absolute Deviation) is a measure of the experience of those who use forecasts. In large companies,
Only experienced employees with a high MAD value make forecasts.
B) In the "Weighted Moving Averages" method, more recent data is weighted more heavily.
C) The "moving average" method ignores recent data in order to better reflect long-term developments
be able.
D)
The "arithmetic mean" method does not use real data, only index values.
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