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What time-series data is used to forecast future demand

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Question 1: What are the various ways a forecast can go wrong using historic data to predict future requirements, resources, or customer demands?

Question 2: What statistical methods are used to "sense demand signals, shape demand, and forecast demand" ?

Question 3: What time-series data is used to forecast future demand for products, services, or activities in your organization? From experience, how accurate is the time-series data that is used to forecast and how accurate are the forecasts?

Reference no: EM132464643

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