APICS Certified in Logistics, Transportation and Distribution (CLTD) — Question 129
Which of the following forecasting methods attempts to identify patterns of repeating demand over a period of time?
Answer options
- A. Trend
- B. Seasonality
- C. Exponential smoothing
- D. Delphi
Correct answer: C
Explanation
The correct answer is C, Exponential smoothing, as it is a forecasting method that combines previous demand data with current data to identify trends and patterns, including seasonality. The other options, such as Trend and Seasonality, refer to specific patterns rather than methods for uncovering those patterns, while Delphi is a qualitative forecasting method that does not focus on demand patterns.