True/False
A proactive approach to forecasting views forecasts as probable descriptions of future demand, and requires action to be taken to meet that demand.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: Forecasts based on an average tend to
Q41: A seasonal relative (or seasonal indexes)is expressed
Q67: Forecasts based on judgment and opinion don't
Q68: Forecasting techniques such as moving averages, exponential
Q70: Detecting non-randomness in errors can be done
Q72: What is this year's forecast using the
Q73: Forecasts help managers plan both the system
Q74: Current information on _ can have a
Q76: What is this year's forecast using a
Q85: The shorter the forecast period, the more