Judgmental

Technolog.

Forecasting

Time Series

Moving
Average

Exponent.
Smooth.

Decompo-sitional

Box-Jenkins

Technique #

1,2

3,4

5

6

7

8

Stage in Life-Cycle

early

early

growth

growth

early maturity

early maturity

Forecast Horizon

Long Term

Long Term

Medium Term

Medium Term

Medium Term

Medium Term

Data Requirement

few

few

many

many

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Pattern of Data Recognized

Horizontal

X

X

X

Trend

weak

weak

X

Seasonal

weak

weak

X

Cyclical

X

Explanatory

Y

 

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