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Discussion Response
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Discussion Response
First Discussion Response
I agree with the first discussion of basic exponential smoothing for forecasting
demand over the next four quarters for the three products. The discussion is practical,
given that the consistent demand patterns and limited historical data are well explained.
While consistency in forecasting methods is advantageous for ease of analysis and
comparison, it is essential to consider whether this uniform approach aligns with the
unique characteristics of each product. Moreover, the discussion pertinently highlights
the benefits of a formalized forecasting method, thus emphasizing improved precision,
objectivity, and increased transparency (Stevenson, 2021). However, for a more
comprehensive discussion, it would be beneficial to provide specific …
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