Question: inventory forecast analytic QUESTION 16 3 poi Which is a characteristic of a moving average forecast applied to time series data? always requires a trend

inventory forecast analytic inventory forecast analytic QUESTION 16 3 poi

QUESTION 16 3 poi Which is a characteristic of a moving average forecast applied to time series data? always requires a trend and seasonal factor requires only last period's forecast and actual data and a smoothing constant always weights each historical data value the same always weights each historical data value differently QUESTION 17 3 points Which forecasting step is critical for developing a good forecast? O increasing the smoothing constant (or alpha) determining the forecast's purpose converting trends and seasonal patterns into stable data none of the above

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