This topic contains a solution. Click here to go to the answer

Author Question: Which one of the following statements about forecasting is FALSE? (Read 36 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
Which one of the following statements about forecasting is FALSE?
◦ To achieve the objective of developing a useful forecast from the information at hand, the forecaster must select the appropriate technique. This choice sometimes involves a trade-off between forecast accuracy and cost.
◦ A time series is a list of repeated observations of a phenomenon, such as demand, arranged in the order in which they actually occurred.
◦ Time series express the relationship between the factor to be forecast and related factors such as promotional campaigns, economic conditions, and competitor actions.
◦ Three general types of forecasting techniques are used for demand forecasting: time-series analysis, causal methods, and judgment methods.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mynx on Apr 18, 2020

Edwyer

  • Sr. Member
  • ****
  • Posts: 337
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




mynx

  • Member
  • Posts: 555
Reply 2 on: Apr 18, 2020
:D TYSM


jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

For a complete list of videos, visit our video library