Examlex
Pasteur chose the Latin root word for "virus" meaning
Exponential Smoothing Forecast
A time series forecasting method that applies decreasing weights to older data.
Previous Forecast Value
The forecast figure from the immediately preceding time period, used as a point of reference or comparison for current forecasting activities.
Operational Variations
Fluctuations in operational performance that can result from a variety of factors, including changes in demand, supply chain issues, or equipment failures.
Time Series
A sequence of data points, typically consisting of successive measurements made over a time interval.
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