14. Select True or False: (a) Forecasting intends to help decision making and planning in the present.
Question:
14. Select True or False:
(a) Forecasting intends to help decision making and planning in the present.
(b) Long-term objectives of demand forecasting are purchase planning, inventory plan, job schedul- ing, workforce and employee planning.
(c) In regression analysis, one or more independent variables can be used to predict the value of a single dependent variable.
(d) The consumer survey method is suitable for new products.
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Related Book For
Production And Operations Management
ISBN: 9780071077927
1st Edition
Authors: McGraw-Hill Education India
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