Question: Write short notes on the following forecasting techniques: 1. Naive forecasts 2. Simple moving average 3. Weighted moving average 4. Exponential smoothing 5. Trend equation

Write short notes on the following forecasting techniques: 1. Naive forecasts 2. Simple moving average 3. Weighted moving average 4. Exponential smoothing 5. Trend equation using least squares method 6. Mean absolute deviation (MAD) 7. Mean squared error (MSE) 8. Productivity computations 9. Efficiency 10. Utilization 11. Breakeven Analysis

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