Question: How does the moving average technique determine a next-period forecast? a. By averaging a certain number of the most recent data to generate a forecast.

How does the moving average technique determine a next-period forecast?

a.

By averaging a certain number of the most recent data to generate a forecast.

b.

By calculating a weighted average of n-period observations using varied weights.

c.

By identifying a causal variable, which is a predictor of demand, and using linear regression to identify the forecast equation.

d.

By using the current periods forecast, adjusted by a weighted difference between the current periods actual data and the forecast.

e.

By assuming that the introduction and growth pattern of a new service will mimic the pattern of a similar concept for which data are available.

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