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Forecasting Methods Addressing The Need

Download this Project PPT to learn about various forecasting methods and their applications.

David Miller

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11 months ago

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1Forecasting MethodsAddressing the Need

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© 2010 Wipro Ltd-Confidential44IntroductionWhat is Forecasting?Process of making statements about events whoseactual outcomeshave not yet been observed.Example, estimation of expected value of a variableWhat is the need for Forecasting?•To evaluate performance•For control•For effective management•For planning

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