Question: Suppose that you are using the five - period simple moving average method to forecast sales, and sales have been decreasing by 2 0 %
Suppose that you are using the fiveperiod simple moving average method to forecast sales, and sales have been decreasing by every period. How will your forecasts perform?
Group of answer choices
Forecasts will be lower than actual.
Forecasts will be decreasing by every period.
Forecasts will be higher than actual.
Forecasts will be decreasing by every period.
Forecasts will be increasing by every period.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
