Industrial Engineering · Forecasting Methods
Which of the following forecasting methods is used to form a weighted average of past observations to smooth short-term fluctuations?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Exponentially weighted moving average method✓
- 2Fourier averaging method
- 3Logarithmic average method
- 4Simple moving average method
Correct answer
Exponentially weighted moving average method
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