This type of forecasting is created to give a 'directionally correct' view to Operations and other stakeholders, not necessarily focusing on a high degree of accuracy.
Medium term forecasting falls in between long term and short term forecasting. It is typically done several months in advance and focuses on providing a moderately accurate view of future demand. This type of forecasting is useful for operational planning and resource allocation.
[Short Term Forecasting](https://planningandinsight.notion.site/Short-Term-Forecasting-9b5911e51f824313a5919dbeab710427)
Usually done 3 - 6 weeks in advance and focuses on high levels of accuracy.
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