In simple moving average method of forecasting, equal weights are assigned to the demands in all the periods. -tture/false

12. In the weighted-moving average method of forecasting, the demand for the recent period is given a higher weight and the remote period demands are given low weights. --- True/False 13. In the weighted-moving average method of forecasting, the sum of all weights, when expressed as fractions, must be equal to 1. ---True/False

14. In the exponential smoothing method, the forecast for the second period is equal to the actual value of the first period. --- True/False

15. In the exponential smoothing method of forecasting, the value of the smoothing coefficient must be between 0 and 1. ---True/False