“In the case of quantitative methods of forecasting, each technique makes explicit assumptions about the underlying pattern”. 

This statement highlights a fundamental aspect of quantitative methods of forecasting, which are widely used in various fields such as finance, economics, and operations management. Let's break down and comment on this statement:

1. Quantitative Methods: Quantitative forecasting methods rely on mathematical and statistical techniques to make predictions about future values or trends. These methods are data-driven and aim to provide objective and precise forecasts.

2. Assumptions: The statement rightly points out that every quantitative ____ __________ ______ __________ _________.
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