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A Sound Principle to Follow in Demand Forecasting Is To

Question 48

Multiple Choice

A sound principle to follow in demand forecasting is to:


A) Try to use more than one forecasting technique in order to check one against the other.
B) Develop minimum and maximum estimates to get a range of possible market variation.
C) Only use methods which can be statistically validated.
D) All of these are correct.
E) Only two of A-B-C are correct.

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