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Which of the following statements is false? Question 16Select one: a. In exponential smoothing, an alpha of 1.0 will use the current actual as theforecast
Which of the following statements is false? Question 16Select one: a. In exponential smoothing, an alpha of 1.0 will use the current actual as theforecast for the next period. b. Quantitative forecasting methods are the most common type of forecasting method for long-term strategic planning. c. In order to compute seasonal indexes, the trend of past data must be computed or known, which means that for brand-new products this approach cannot be used. d. A tracking signal focuses on the ratio of cumulative forecast error to the corresponding value of MAD. e. If a pattern appears when a dependent variable is plotted against time, one should use time series analysis instead of simple linear regression
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