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Please answer the questions: Forecasting Methods Class:

Please answer the questions: Forecasting Methods Class:

How do companies apply any of these methodologies if they do not have enough data to forecast (for example, if they are just starting to apply these metrics)?  Do you wait until enough data is gathered ie. 12 month period?  or can a moving average with (only enough data for 2 quarters) be annualized? 

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