Question 18

A time series forecasting technique in which each increment of past demand data is decreased by (1 - a)

a) Exponential Squaring

b) Exponential Smothering

c) Exponential Smoothing

d) Exponential Hardening

Question 19

A forecasting technique that assumes that past data and future projections fall around a straight line

a) Linear retention forecasting

b) Linear recession forecasting

c) Linear resolution forecasting

d) Linear regression forecasting

Question 20

The average forecast error using absolute values of the error of each past forecast

a) Kind absolute deviation

b) Weighted average forecast

c) Mean Absolute deviation

d) Mean absolute direction