|
Judgmental |
Technolog. Forecasting |
Time Series |
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|
Moving |
Exponent. |
Decompo-sitional |
Box-Jenkins |
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|
Technique # |
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|
Stage in Life-Cycle |
early |
early |
growth |
growth |
early maturity |
early maturity |
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|
Forecast Horizon |
Long Term |
Long Term |
Medium Term |
Medium Term |
Medium Term |
Medium Term |
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|
Data Requirement |
few |
few |
many |
many |
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|
Pattern of Data Recognized |
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|
Horizontal |
X |
X |
X |
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|
Trend |
weak |
weak |
X |
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|
Seasonal |
weak |
weak |
X |
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|
Cyclical |
X |
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|
Explanatory |
Y |
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