The Naive Forecasting Method

In this video, we cover the naive forecasting method. This forecasting method simply states that we forecast that this period will be the same as the previous period. While there are some situations that call for this method of forecasting, we recommend using a more robust approach.

Avercast is a forecasting and demand planning software company. Avercast forecasting software is powered by over 200 forecasting algorithms to make supply and operations planning more accurate.