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Understood, thank you. There are certainly applications in demand sensing/demand forecasting where things like recent order information, recent sales, CRM input
by dcl 3y ago
Understood, thank you. There are certainly applications in demand sensing/demand forecasting where things like recent order information, recent sales, CRM inputs are quite predictive of near-term outcomes, but become useless for longer horizon forecasts.
In my experience, when information like this is available, no time-series technique that is unable to leverage this information would beat even simple regressions for short term horizon forecasts.