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Can one use long term analysis as it pertains to fuel cost? How can this be...

Can one use long term analysis as it pertains to fuel cost? How can this be done?

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Note that long term analysis refers to collection of historical data relating to a factor and any type of trend or pattern is recognized relating to that factor. Yes, we can also use long term analysis relating to fuel cost. We may take full cost either at the beginning of the year or at end of the year for different years and then compare it and make a trend. It should be noted that date on which cost is taken should be same for every year we analyzed .

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