Consider how far in the future your forecast must reach. For example, forecasting sales for the next week or month may require a different method of forecasting than that used to conduct production planning five years into the future.
What Is BHT? BHT or butyl hydroxytoluene is a fat soluble synthetic compound which is commonly used to preserve foods and cosmetics to slow down the autoxidation rate of ingredients in a product that can cause changes in the taste or colour.
Food industry A food preservative used to prevent fats and oils in packaged foods from becoming rancid; BHT may be teratogenic to mice, and cause a significant decrease in cholinesterase activity, aggressiveness, sleep disturbances, and weight loss.