Ask Question
10 June, 21:54

Exponential Smoothing is the most common method of forecasting is the most used of all techniques according to the textbook. Discuss some of the reasons why you believe it is the most commonly used method

+3
Answers (1)
  1. 10 June, 22:16
    0
    Reasons for employing Exponential Smoothing

    It facilitates a more efficient process to develop inventory while putting into use of a properly standardized data set. It is quite easy to learn and further more applied in business and economics. It gives a greater chance of generating accurate forecasts. It provides significance to fresh/new observations.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Exponential Smoothing is the most common method of forecasting is the most used of all techniques according to the textbook. Discuss some ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers