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5 7 . In order to make enough product for the coming year, you need an estimate of consumer demand. You have historical data going
In order to make enough product for the coming year, you need an estimate of consumer demand. You have historical data going back several years. Your data display both an upward linear trend and seasonality. What method should you use to aid in your decision making?
Regression Analysis
Weighted moving average forecasting
Naive method of forecasting
Exponential Smoothing forecasting
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