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    Service Management Operations
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    Exam 14: Forecasting Demand for Services
  5. Question
    Most Forecasting Models Assume That the Underlying Pattern of Behavior
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Most Forecasting Models Assume That the Underlying Pattern of Behavior

Question 16

Question 16

True/False

Most forecasting models assume that the underlying pattern of behavior of their data will remain the same. The only component of error is attributable to random fluctuations that are not under the control of anyone.

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