Question: Forecasting methods studied in this class are quantitative techniques including moving average, weighted moving average, exponential smoothing, linear regression, and exponential smoothing with trend component.

Forecasting methods studied in this class are quantitative techniques including moving average, weighted moving average, exponential smoothing, linear regression, and exponential smoothing with trend component.

You are given a set of past demand data and asked to forecast demand for the future. What would you FIRST do to decide which demand forecasting method to use and why? Please choose one of the forecasting methods listed above.

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