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MGSC 395 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Complementary products : when one demand goes up, so does the other Judgement methods : contextual knowledge gained through experience Causal methods : Use historical data and the relationships can be identified between the dependent and independent variable (s). Time series methods : Use historical information regarding only the dependent variable Time series methods examples : Simple moving average, exponential smoothing, trend patterns using regression method 2 | P a g e naive forecast : The forecast for the next period equals the demand for the current period (Forecast = Dt) Exponential smoothin
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