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Author Question: Which one of the following statements about forecasting is TRUE? (Read 57 times)

iveyjurea

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on: Apr 18, 2020
Which one of the following statements about forecasting is TRUE?
◦ Judgment methods are designed particularly for situations in which historical data are lacking.

◦ Focused forecasting is a technique that focuses on one particular component of demand and develops a forecast from it.
◦ The five basic patterns of demand are the horizontal, trend, seasonal, cyclical, and the subjective judgment of forecasters.
◦ Casual methods are used when historical data are available and the relationship between the factor to be forecast and other external and internal factors cannot be identified.
Operations Management ¦ Krajewski, Ritzman ¦ 7th Edition
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Marked as best answer by iveyjurea on Apr 18, 2020

Amiracle

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Reply #1 on: Apr 18, 2020
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.
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iveyjurea

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Reply 2 on: Apr 18, 2020
Great answer, keep it coming :)

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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