Question

Two common approaches used over a short time periods without trend, seasonal, and cyclical effects are...

Two common approaches used over a short time periods without trend, seasonal, and cyclical effects are

A.

Simple Moving Average & Trend Analysis

B.

Simple Moving Average & Exponential Smoothing

C.

Exponential Smoothing and Delphi Method

D.

None of the above

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Answer #1

Correct Answer:

B

There are the two time series method, used when time series is present without mentioned issues in the  data. Hence, these methods are used when time series data is highly stable and are used in short term.

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