-The total amount of tariff revenue collected on this product would be:
Definitions:
Random Variations
Unpredictable fluctuations that affect data or processes, not attributable to any known cause.
Exponentially Smoothed Forecast
A method of forecasting that gives more weight to recent data points, using exponential smoothing to produce a smoothed time series.
Forecast Error
The difference between the actual value and the predicted value in a forecast, indicating the accuracy of the forecasting process.
Weighting Scheme
A method of assigning different weights or importance to various elements or criteria in order to calculate a composite score or make decisions.
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