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CHAPTER 3 DEMAND FORECASTING TECHNIQUES

CHAPTER 3 DEMAND FORECASTING TECHNIQUES

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Forecasting is as much about common sense as it is about math. You cannot forecast effectively without using your judgment. Even the simplest trend analysis --that is, traffic grew by 5% last year, so the forecast calls for 5% growth this year --entails a judgment about whether it is reasonable to assume that past performance will be repeated.

  Chapter, Demand, Technique, Forecast, Forecasting, Chapter 3 demand forecasting techniques

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