A short-range trend analysis is most beneficial when it is used to

Short-range trend analysis focuses on examining data over a relatively short period (usually weeks or months) to identify patterns, trends, and deviations. It is particularly useful for monitoring progress toward specific objectives or goals. By analyzing short-term trends, organizations can make timely adjustments, assess the effectiveness of tactical decisions, and ensure alignment with strategic goals. While other options (monitoring overall processes, comparing cost levels, and identifying failure-cost elements) are important, short-range trend analysis specifically addresses tactical progress1. References:

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