Weighted moving average is a forecast made with past data where more recent data are given more significance than older data.T/F?

Exponential smoothing is a time series forecasting technique in which each increment of past demand data is decreased by .T/F?

Critical path is the sequence of activities in a project that forms the shortest chain in terms of their time to complete. T/F?

Strategic forecasts is for short-term forecasts used to make decisions related to strategy and estimating aggregate demand. T/F?

Make-to-order means a production environment where the product is built directly from raw materials and components in response to a specific customer order. T/F?