It has been said that forecasting using exponential smoothing is like driving a car by looking in

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It has been said that forecasting using exponential smoothing is like driving a car by looking in the rear-view mirror. What are the conditions that would have to exist for driving a car that are analogous to the assumptions made when using exponential smoothing?

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Operations Management

ISBN: 978-0078024108

12th edition

Authors: William J Stevenson

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