Question: Which forecasting technique must be used when historical data is only stable or consistent and does not trend and does not have any seasonal patterns?

Which forecasting technique must be used when historical data is only stable or consistent and does not trend and does not have any seasonal patterns? 2nd order polynomial regression forecast Weighted moving average forecast Holt-Winter's forecast Mean absolute deviation

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!