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Jeannie Works for Modern Mechanics, a Manufacturer of an Assortment

Question 111

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Jeannie works for Modern Mechanics, a manufacturer of an assortment of mechanisms for use in a range of other final products.Jeannie's boss has decided that instead of doing a yearly forecast for next year they should do a quarterly forecast.He has noticed that over the years they have had significant seasonal patterns.He has suggested that Jeannie use a decomposition method.What is the decomposition method, and why would it work for Modern Mechanics?

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The decomposition method of forecasting ...

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