Multiple Choice
One of the characteristics of forecasts is
A) aggregate forecasts are usually less accurate than disaggregate forecasts.
B) disaggregate forecasts are usually more accurate than aggregate forecasts.
C) short-term forecasts are usually less accurate than long-term forecasts.
D) long-term forecasts are usually less accurate than short-term forecasts.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: A static time-series method should be used
Q25: The measure of whether a forecast method
Q26: Long-term forecasts have a larger standard deviation
Q27: The measure of how significantly a forecast
Q28: Explain the basic,six-step approach to help an
Q30: The forecast of demand forms the basis
Q31: Forecasts are always wrong and therefore<br>A)should include
Q32: _ forecasting methods use historical demand to
Q33: Personnel can utilize forecasts to make decisions
Q34: The goal of any forecasting method is