Assertion (a): Moving average method of forecasting demand gives an account of the trends in fluctuations and suppresses day - to – day insignificant fluctuations
Reason(R): Working out moving averages of the demand data smoothens the random day - to – day fluctuations and reprIESnts only significant variations
(a) Both A and R are individually true and R is the correct explanation of A
(b) Both A and R are individually true but R is not the correct explanation of A
(c) A is true but is false
(d) A is false but R is true