Why is the last-value forecasting method sometimes called the nave method?

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Why is the last-value forecasting method sometimes called the naïve method?

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Introduction To Management Science and Business Analytics A Modeling And Case Studies Approach With Spreadsheets

ISBN: 9781260716290

7th Edition

Authors: Frederick S. Hillier, Mark S. Hillier

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Question Posted: Mar 02, 2023 01:08 AM

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Why is the last-value forecasting method sometimes called the nave method?

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Introduction To Management Science and Business Analytics A Modeling And Case Studies Approach With Spreadsheets

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