A weighted moving average and exponential smoothing

Assignment Help Marketing Management

Reference no: EM131255980

1. Explain why such forecasting devices as moving averages, weighted moving averages, and exponential smoothing are not well suited for data series that have trends.

2. What is the basic difference between a weighted moving average and exponential smoothing?

3. What three methods are used to determine the accuracy of any given forecasting method? How would you determine whether time-series regression or exponential smoothing is better in a specific application?

Reference no: EM131255980

Questions Cloud

Demonstrate integrity and personal character : Discuss why this is a good example of leadership through acts of service in terms of the way the actions of the leader demonstrate integrity and personal character building while also establishing followership and pushing others to grow profession..

Current organization without constraints : Part 1: If you could do anything you wanted in your current organization without constraints, how would you design your organization, and what would you change? If you are not currently working, or would like to use another organization, that is ..

Describe the two general forecasting approaches : What is a qualitative forecasting model, and when is its use appropriate? - Identify and briefly describe the two general forecasting approaches.

Compute the average material cost per unit : Complete the attached "QAT1 Task1 spreadsheet "(response include two decimal places) by doing the Determine required unit costs correctly by doing the Determine the average material cost per unit.

A weighted moving average and exponential smoothing : What is the basic difference between a weighted moving average and exponential smoothing? - What three methods are used to determine the accuracy of any given forecasting method?

Calculate average length per chip : The following conditions and settings are used in a certain surface grinding operation: wheel diameter = 6.0 in, in feed = 0.003 in, wheel speed = 4750 ft/min, work speed = 50 ft/min, and cross feed = 0.20 in. The number of active grits per square..

Conduct a literature review on your chosen topic : For this assignment, you will select a topic for your research paper and conduct a literature review on your chosen topic.You must include at least five outside sources for your research paper,

Comparison of major worldviews : Read pages 23-29 of the web document, Windows on the World: A Comparison of Major Worldviews. You can access the document through the link below:

Why a currency devaluation whether intentional or not : Provide an overview of this case analysis; summarize the key points. Explain why a currency devaluation, whether intentional or not, would be a problem.

User Account

All Pages