Multiple Choice
Which of the following is the best statement about the general principles of forecasting?
A) forecasts are more accurate for larger groups of items
B) forecasts are more accurate for nearer periods of time
C) every forecast should include an estimate of error
D) all of the above are general principles of forecasting
E) none of the above is a general principle of forecasting
Correct Answer:

Verified
Correct Answer:
Verified
Q7: A forecasting technique that takes the average
Q8: Given this product tree which item(s) should
Q9: If the February demand for a product
Q10: Which of the following is NOT true?<br>A)
Q11: Forecasts are far more accurate for which
Q13: When the demand for one item can
Q14: Select the one best answer from the
Q15: Forecast error will be caused by:<br>A) random
Q16: Which of the following is good for
Q17: Which of the following methods can be