Examlex
A _________________ cost changes in proportion to changes in the volume of activity.
Holt's Model
A forecasting technique that extends exponential smoothing to capture trends in the data.
Alpha
In investing, alpha is a measure of performance on a risk-adjusted basis, comparing an investment's excess returns to the market's returns.
Seasonality
A pattern in data that repeats at regular intervals over time, often observed in sales, weather patterns, and agricultural production.
Forecast Error
The difference between the actual demand and the forecasted demand, indicating the accuracy of forecasts.
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