Discuss the components of forecasting demands

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asked Oct 22, 2021 79.1k views

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Ylan S · Answer 1 · 2021-10-26T10:31:22+0000

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.

Discuss the components of forecasting demands

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