Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Which of the following statements is true about forecasting? Question 2 options: a) Next years sales is a good starting point. b) When forming a

Which of the following statements is true about forecasting?

Question 2 options:

a) Next years sales is a good starting point.
b) When forming a sales forecast, you can ignore stock outs.
c) If you use last years sales to forecast next years sales, the forecast you come up with is highly reliable.
d) Whether your product will be better positioned or poorly positioned in the coming year should not be considered when formulating your forecast.
e) In order to gage demand, it is useful to use the December customer survey scores to calculate your products market share.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

true or false: tables in the star schema have to be denormalized.

Answered: 1 week ago

Question

what is a good definiton of machine learning algorithm

Answered: 1 week ago