QUIZ TOM Flashcards
1
Q
TYPES OF QUANTITATIVE FORECAST APPROACH
A
✓ The Time Series Models
✓ Moving Average
2
Q
TIME SERIES MODELS
A
a. Naive Approach
b. Moving Average
c. Exponential Smoothing Constant
d. Exponential Smoothing with Trend Adjustment
e. Trend Projections
3
Q
NAIVE APPROACH types:
A
a. cycle : stable series
b. seasonal variations
c. trend
d. random variations
4
Q
simple and straightforward forecasting method
A
Naive Approach
