Forecasting techniques generally assume that the same causal system that existed in the past will continue to exist in the future.
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Q1: Forecasts based on time-series (historical)data are referred
Q4: The Delphi approach involves the use of
Q9: Organizations that are capable of responding quickly
Q12: The naive forecast is limited in its
Q16: Forecast accuracy tends to increase as the
Q20: Increasing the number of data points included
Q21: The MSE is the best measure to
Q22: MAD is equal to the square root
Q24: The forecast error is the difference between
Q28: In order to update a moving average
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