What are the basic types of forecasts? What are their strengths and weaknesses?

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Supply Chain Management A Logistics Perspective

ISBN: 9780357442135

11th Edition

Authors: John Coyle, John Langley, Robert Novack, Brain Gibson

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Question Posted: Dec 01, 2022 01:51 AM

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What are the basic types of forecasts? What are their strengths and weaknesses?

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The simple moving average is probably the simplest to develop method in basic time series forecasting It makes forecasts based on recent demand histor...View the full answer

Supply Chain Management A Logistics Perspective

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