Question: What is the key challenge associated with selecting the weights in a weighted moving average forecasting model? a ) Collecting sufficient qualitative data to supplement
What is the key challenge associated with selecting the weights in a weighted moving average forecasting model?
a Collecting sufficient qualitative data to supplement the forecast.
b Deciding the appropriate weight to assign to each time period.
c Identifying which months should be included in the model.d Ensuring that the total weight does not exceed
e Determining the exact mathematical formula for calculation.
f Calculating the average demand for products with highly erratic sales.
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