Distinguish between forecasting time frames

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Reference no: EM132233140

1. Identify uses of demand forecast

2. Distinguish between forecasting time frames

3. Describe common features of forecast

4. List the elements of good forecast & steps of forecasting process

5. Contrast different forecasting approaches

6. Describe three measures of forecast accuracy, and two ways of controlling forecast and solve typical problems

7. Identify the major factors to consider when choosing a forecasting techniques

8. Describe at least 3 judgemental forecasting methods

9. Describe the components of a time series model and explain averaging techniques and solve typical problems

10. Describe trend forecasting and solve typical problems

11. Describe seasonality forecasting and solve typical problems

12. Describe associative models and solve typical problems

Reference no: EM132233140

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