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A simple moving average_____. (may be more than 1 answer)
A) lags a trend
B) is best to use when product demand is unstable.
C) cannot be used to filter out random fluctuations.
D) gives more weight to earlier data points in a time series.
Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?
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