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

Author Question: Which one of the following statements about forecasting is TRUE? (Read 19 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
Which one of the following statements about forecasting is TRUE?
◦ For time horizons exceeding two years, forecasts are usually developed for total sales demand in dollars or some other common unit of measurement such as barrels, pounds, or kilowatts.
◦ In the short-term (here, one to three months in the future), managers are typically interested in forecasts of total sales and groups or families of products.
◦ Causal models are the methods most often used for short-term forecasting.
◦ Determining turning points, which are periods when the growth rate of demand will change, can best be accomplished with time-series methods.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

jessicaduplan

  • 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




melina_rosy

  • Member
  • Posts: 531
Reply 2 on: Apr 18, 2020
Thanks for the timely response, appreciate it


aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library