Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When calculating a moving average forecast, decreasing the number of periods used to calculate the average will tend to do which of the following? Increase

When calculating a moving average forecast, decreasing the number of periods used to calculate the average will tend to do which of the following?

  1. Increase the forecast accuracy
  2. Increase the responsiveness of the forecast
  3. Decrease the forecast accuracy

Which options are correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management A Practical Introduction

Authors: Angelo Kinicki, Brian Williams

2nd Edition

1743769849, 978-1743769843

More Books

Students also viewed these General Management questions

Question

Describe what is meant by the term organizational design.

Answered: 1 week ago

Question

Discuss the important barriers in the communication process.

Answered: 1 week ago