When forecasting demand for new products, sometimes i rms will use demand data from similar existing products to help forecast demand for the new product. What technique is this an example of?
When forecasting demand for new products, sometimes i rms will use demand data from similar existing products to help forecast demand for the new product. What technique is this an example of?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 28P: The file P13_28.xlsx contains monthly retail sales of U.S. liquor stores. a. Is seasonality present...
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When forecasting demand for new products, sometimes i rms will use demand data from similar existing products to help forecast demand for the new product. What technique is this an example of? |
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