A static method of forecasting assumes that the estimates of level,trend,and seasonality within the systematic component vary as new demand is observed.

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A static method of forecasting assumes that the estimates of level, trend, and seasonality within the systematic component remain constant over time and do not vary as new demand is observed. This is in contrast to dynamic methods, which allow for the systematic component to change over time.

A Static Method of Forecasting Assumes That the Estimates of Level,trend,and