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8. Suppose that you have been asked to recommend a forecasting technique that would be appropriate to prepare a forecast, given the following situational characteristics:
8. Suppose that you have been asked to recommend a forecasting technique that would be appropriate to prepare a forecast, given the following situational characteristics: a. You have 10 years of quarterly data. b. There is an upward trend to the data. C. There is a significant increase in sales prior to Christmas each year. d. A oneyear forecast is needed. 0. You need to have the forecast done and the presentation ready in just a few days
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