Explain why such forecasting devices as moving averages, weighted moving averages, and exponential smoothing are not well

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Explain why such forecasting devices as moving averages, weighted moving averages, and exponential smoothing are not well suited for data series that have trends.

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Operations management

ISBN: 978-0132163927

10th edition

Authors: Jay Heizer, Barry Render

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Question Posted: Jan 09, 2014 07:16 AM

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Explain why such forecasting devices as moving averages, weighted moving averages, and exponential smoothing are not well

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There is no mechanism for growth in these models they ar...View the full answer

Operations management

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