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Naive Approach Definition and Explanation PDF | Download eBooks

Learn Naive Approach definition in supply chain management with explanation to study “What is Naive Approach”. Study naive approach explanation with SCM terms to review supply chain management course for online MBA programs.

Naive Approach Definition:

Naive Approach Explanation:

Organizations use different techniques to forecast and one of them is naive approach. In this approach firms use previous data from period's actual to forecast the future upcoming period by making no adjustments. This approach is used only for the time series data in which the firm can assume the future financial period is equal to the past one.

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