Question: A forecasting method often used in practice, whereby the forecast for the next period equals the demand for the current period, is called So if

A forecasting method often used in practice, whereby the forecast for the next period equals the demand for the current period, is called So if the actual demand for Wednesday is 35 customers, the forecasted demand for Thursday is 35 customers.
exponential smoothing forecasting
weighted moving average forecasting
naive forecast forecasting
simple moving average forecasting
 A forecasting method often used in practice, whereby the forecast for

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!