Short-range forecasting refers to the process of predicting future events or trends over a short time frame, typically ranging from a few days to a few weeks. This type of forecasting is commonly used in various fields, including weather prediction, sales forecasting, and inventory management. It relies on recent data and trends to make informed estimates about upcoming conditions or demands. The methods used in short-range forecasting often include statistical techniques, such as time series analysis and moving averages. These approaches help analysts quickly adapt to changing circumstances, allowing businesses and organizations to make timely decisions based on the most current information available.