Question: Upvotes will be given for correct answer! Considering the Moving Average and Exponential Smoothing, which of the following is FALSE? The ES includes the information

Upvotes will be given for correct answer!

Considering the Moving Average and Exponential Smoothing, which of the following is FALSE? The ES includes the information of all past data points (as long as the smoothing constant is strictly less than 1), but one only needs save the last forecast to use it. Simple MA is not an appropriate forecasting method when there is a trend in the time series, but ES can overcome this disadvantage. Both methods are derived with assumption that the underlying demand process is stationary. ES is a type of weighted moving average. OOOO

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