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Averaging Methods of Forecasting Averaging Methods of Forecasting

Averaging Methods of Forecasting - PowerPoint Presentation

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Uploaded On 2015-12-08

Averaging Methods of Forecasting - PPT Presentation

Dr Ron Lembke AllTime Average To forecast next period take the average of all previous periods Advantages Simple to use Disadvantages Ends up with a lot of data Gives equal importance to very old data ID: 218710

moving average data periods average moving periods data forecast smoothing exponential simple apr mar responsive weights weighted 050 weight stable averages jun

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