Which of the following statements comparing exponential smoothing to the weighted moving average technique is TRUE?
A) Exponential smoothing is more easily used in combination with the Delphi method.
B) More emphasis can be placed on recent values using the weighted moving average.
C) Exponential smoothing is considerably more difficult to implement on a computer.
D) Exponential smoothing typically requires less record keeping of past data.
E) Exponential smoothing allows one to develop forecasts for multiple periods, whereas the weighted moving average technique does not.
D
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A team of brokers designated to serve as an agent for a seller could also work as an agent for a buyer without a conflict of interest.
a. true b. false
The amount of time necessary for assembly line workers to complete a product is a normal variable with a mean of 15 minutes and a standard deviation of 2 minutes. The probability is ________ that a product is assembled in less than 12 minutes
Fill in the blank(s) with correct word