Choose one of the following forecasting methods discussed in this chapter: last-value, averaging, moving-average, or exponential smoothing. Identify the conditions when the method is most appropriate

Choose one of the following forecasting methods discussed in this chapter: last-value, averaging, moving-average, or exponential smoothing.  Identify the conditions when the method is most appropriate to use and give an example of an application of this method. Please keep this at one page length and this is a discussion.