Discuss the components of forecasting demands

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22-10-2020
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Discuss the components of forecasting demands

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xjasmineanx xjasmineanx · Answer 1 · 2020-10-22T07:03:58+02:00

xjasmineanx xjasmineanx

22-10-2020

The goal of any forecasting method is to predict the systematic component of demand and estimate the random component. In its most general form, the systematic component of demand data contains a level, a trend, and a seasonal factor.

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