A weakness of the decomposition method of forecasting is that it does not lend itself to longer-range forecasts.

Name: A weakness of the decomposition method of forecasting is that it does not lend itself to longer-range forecasts.
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The decomposition method of forecasting is more suitable for short and medium-range forecasting. For longer-range forecasting, other methods such as trend extrapolation or scenario analysis may be more appropriate.

A Weakness of the Decomposition Method of Forecasting Is That