Question
For the post-recession (reduced) data set results, the Nave forecast has better error measures than the 2-MA, which tells you for this data set A:
For the post-recession (reduced) data set results, the Nave forecast has better error measures than the 2-MA, which tells you for this data set
A: there is no trend
B: smoothing randomness is more important than following trend
C: forecasts have nothing to do with trend or randomness
D: following trend is more important than smoothing randomness
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Operations and Supply Chain Management for the 21st Century
Authors: Ken Boyer, Rohit Verma
1st edition
978-0618749331, 618749330, 978-1111225292
