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Which of the ...

Question

Which of the following statements is not correct for the exponential smoothing method of demand forecasting?

A

The method requires only the current demand and forecast

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B

The method assigns weight to all previous data

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C

Demand for most recent data is given more weightage

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D

It is a modification of moving average method

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Solution

The correct option is D It is a modification of moving average method
It is a modification of moving average method

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