Which of the following statements about forecasting is FALSE?
A) The forecasting horizon should be at least as long as your strategic plan.
B) The longer the time horizon the more inaccurate the forecast will be.
C) There is an inverse relationship between forecast accuracy and time.
D) Product life cycle influences the length of the forecast.
E) The longer the time horizon the more accurate the forecast will be.
E
You might also like to view...
To form plurals when a vowel precedes y, simply add s
Indicate whether the statement is true or false.
The earliest start time is never the same as the latest start time
Indicate whether the statement is true or false
True or False The one-way ANOVA is also referred to as the one-factor, completely randomized design, since the treatments are randomly assigned to all of the persons or other test units in the experiment
Indicate whether the statement is true or false
Round the number to the indicated place: .008763 to hundredths