Forecasting: Methods and applications (Second Edition), Makridakis, S., Wheelwright, S. C. and McGee, V. E., New York: Wiley, 1983. Price: $47.85/$20.15 (cloth), $34.15/E14.35 (paper). Pages: 923

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Forecasting with a hybrid method utilizing data smoothing, a variation of the Theta method and shrinkage of seasonal factors (2018, methodology): “This has proven to be very beneficial for the Naive method in many empirical investigations (Makridakis et al., 1983). Finally, instead of just applying classical seasonal decomposition when seasonality is present, we employ the well celebrated shrinkage approach of Miller and Williams (2003) to the”