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Managerial Practice 8.1: Combination Forecasts and the Forecasting Process [MO4.3, MO4.4] What are the some of the core rationales used in the forecast decisions presented
Managerial Practice 8.1: "Combination Forecasts and the Forecasting Process" [MO4.3, MO4.4] What are the some of the core rationales used in the forecast decisions presented in the case about Fiskars Corporation? How can Fiskars utilize exponential smoothing, nave forecasting, seasonal patterns, and linear regression to attain a more concise forecast with minimum forecast errors? What are some of the negatives associated with these forecasting methodologies? Which kinds of time-series forecasting methodologies can be effectively used by Fiskars to gain competitive operational and strategic market share increases? Please share your rationales
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