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This type of forecast enables management to review and adjust forecasts made at an aggregate level and keep lower-level forecasts balanced. In the process, item
This type of forecast enables management to review and adjust forecasts made at an aggregate level and keep lower-level forecasts balanced. In the process, item forecasts first are aggregated by product group. Management then makes a new forecast for the group. The value is then transferred to individual item forecasts so that they are consistent with the aggregate plan. Question 27 options: Quantitative Forecasting Time-Series Forecasting Pyramid Forecasting
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