Question: Suppose that you have been asked to recommend a forecasting technique that would be appropriate to prepare a forecast, given the following situational characteristics: a.

Suppose that you have been asked to recommend a forecasting technique that would be appropriate to prepare a forecast, given the following situational characteristics:

a. You have 10 years of quarterly data.

b. There is an upward trend to the data.

c. There is a significant increase in sales prior to Christmas each year.

d. A one-year forecast is needed.

e. You need to have the forecast done and the presentation ready in just a few days.

f. What method(s) would you consider using and why?

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