Over the long term, which of the following forecasting models will likely require carrying the least amount of data?
a) Naïve
b) Simple mean
c) Exponential smoothing
d) Weighted moving average
e) Moving average
Answer: a) Naïve
Over the long term, which of the following forecasting models will likely require carrying the least amount of data?
a) Naïve
b) Simple mean
c) Exponential smoothing
d) Weighted moving average
e) Moving average
Answer: a) Naïve