Moving average If actual demand for a product is highly influenced by only random variation, the quantitative technique to use for forecasting demand is
a. Regression
b. Moving average
c. Mean Absolute Percentage Error (MAPE)
d. Delphi
Answer: B
Moving average If actual demand for a product is highly influenced by only random variation, the quantitative technique to use for forecasting demand is
a. Regression
b. Moving average
c. Mean Absolute Percentage Error (MAPE)
d. Delphi
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.