3. Exponential smoothing and moving average methods are used exponential more for short-term, less for medium-term, and
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3. Exponential smoothing and moving average methods are used exponential more for short-term, less for medium-term, and even less for smoothing long-term horizons; this is consistent with empirical evidence, which indicates that these methods perform best for shorter time horizons.
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Related Book For
Forecasting Methods And Applications
ISBN: 9780471532330
3rd Edition
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
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